Thailand Export Growth Tops Forecasts

2026-10-26 03:42 By Chusnul Chotimah 1 min. read

Thailand’s exports soared 24.0% yoy to a record high of USD 38.44 billion in September 2026, surpassing forecasts of a 17.9% rise, though easing slightly from 24.3% growth in August, which marked the fastest pace in seven months.

Export growth was mainly driven by a 25.4% rise in industrial product sales, marking the 30th consecutive month of growth, supported by global AI demand.

The gains were led by higher sales of computers and related equipment (59.4%), telephones and components (117.5%), and circuit boards (45.9%).

Shipments of agricultural products grew 8.1%, marking the third straight month of expansion.

Shipments to the US, Thailand’s largest export market, jumped 50.1% yoy, while those to China and Japan rose 18.4% and 19.0%, respectively.

For the January–September period, exports increased 19.6% from the same period in 2025, reaching USD 304.6 billion.

Thailand’s Commerce Ministry expects exports to rise by 19% this year, up from its previous forecast of 15% made last month.



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Thailand Export Growth Tops Forecasts
Thailand’s exports soared 24.0% yoy to a record high of USD 38.44 billion in September 2026, surpassing forecasts of a 17.9% rise, though easing slightly from 24.3% growth in August, which marked the fastest pace in seven months. Export growth was mainly driven by a 25.4% rise in industrial product sales, marking the 30th consecutive month of growth, supported by global AI demand. The gains were led by higher sales of computers and related equipment (59.4%), telephones and components (117.5%), and circuit boards (45.9%). Shipments of agricultural products grew 8.1%, marking the third straight month of expansion. Shipments to the US, Thailand’s largest export market, jumped 50.1% yoy, while those to China and Japan rose 18.4% and 19.0%, respectively. For the January–September period, exports increased 19.6% from the same period in 2025, reaching USD 304.6 billion. Thailand’s Commerce Ministry expects exports to rise by 19% this year, up from its previous forecast of 15% made last month.
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Thailand’s exports increased 21.6% yoy to a four-month high of USD 34.8 billion in July 2026, accelerating slightly from a 20.8% increase in June, surpassing forecasts of 17.8% and marking the fastest increase in three months. Export growth was mainly driven by a rise in sales of industrial products, which grew 24.2%, mainly boosted by computers and related equipment (63.2%), telephones and components (160.3%), and circuit boards (35.2%). Also, shipments of agricultural products climbed 0.6%, marking the first expansion in three months. Shipments to the US, Thailand’s largest export market, surged 45.3% year-on-year, while those to China and Japan rose 15.2% and 21.3%, respectively. For the first seven months of the year, exports advanced 18.2% from the same period in 2025, reaching USD 231.5 billion. Last month, the Commerce Ministry maintained its forecast for export growth of 8% this year, supported by easing global tensions and strong tech demand.
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