Thailand Current Account Surplus Narrows Sharply

2026-02-27 07:40 By Kyrie Dichosa 1 min. read

Thailand’s current account surplus narrowed to USD 0.72 billion in January 2026, down sharply from USD 3.74 billion a year earlier.

The trade balance swung to a deficit of USD 0.74 billion from a surplus of USD 0.68 billion, as exports rose to USD 31.05 billion from USD 25.13 billion, while imports jumped to USD 31.79 billion from USD 24.44 billion.

Net services, primary income, and secondary income fell to USD 1.46 billion from USD 3.06 billion.

In the financial account, the overall balance decreased to USD 2.19 billion from USD 4.19 billion, driven by central bank inflows of USD 0.23 billion (vs 0.16 billion), general government outflows of USD 0.84 billion (vs inflows of 0.19 billion), and other depository corporations outflows of USD 2.25 billion (vs -2.50 billion).



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Thailand Current Account Surplus Narrows Sharply
Thailand’s current account surplus narrowed to USD 0.72 billion in January 2026, down sharply from USD 3.74 billion a year earlier. The trade balance swung to a deficit of USD 0.74 billion from a surplus of USD 0.68 billion, as exports rose to USD 31.05 billion from USD 25.13 billion, while imports jumped to USD 31.79 billion from USD 24.44 billion. Net services, primary income, and secondary income fell to USD 1.46 billion from USD 3.06 billion. In the financial account, the overall balance decreased to USD 2.19 billion from USD 4.19 billion, driven by central bank inflows of USD 0.23 billion (vs 0.16 billion), general government outflows of USD 0.84 billion (vs inflows of 0.19 billion), and other depository corporations outflows of USD 2.25 billion (vs -2.50 billion).
2026-02-27
Thailand Current Account Surplus Widens in December
Thailand’s current account surplus widened to USD 3.10 billion in December 2025 from USD 2.62 billion a year earlier, supported by broad-based improvements across major components. The trade surplus widened to USD 2.68 billion from USD 2.26 billion, as exports rose to USD 28.82 billion from USD 24.41 billion, while imports also increased to USD 26.15 billion from USD 22.15 billion. Net services, primary income, and secondary income improved to USD 0.42 billion from USD 0.36 billion. In addition, the financial account recorded a larger overall balance of USD 3.69 billion from USD 1.84 billion.
2026-01-30
Thailand Current Account Shifts to Deficit
Thailand posted a current account deficit of USD 0.6 billion in November 2025, shifting from a surplus of USD 1.5 billion in the same month of the previous year. The shift was driven mainly by a reversal in the trade balance, which swung to a USD 0.22 billion deficit from a USD 2.38 billion surplus, as exports increased to USD 26.89 billion from USD 25.49 billion, while imports rose to USD 27.11 billion from USD 23.11 billion. In addition, the net shortfall in services, primary income, and secondary income narrowed to USD 0.36 billion in November 2025 from USD 0.83 billion a year earlier.
2025-12-30