Thailand Imports Notch Record High
2026-04-24 07:15
By
Farida Husna
1 min. read
Thailand’s imports surged 35.7% yoy to a record peak of USD 38.5 billion in March 2026, accelerating from a 31.8% rise in the prior month and marking the fastest growth since August 2021.
The strong expansion was driven by resilient domestic demand amid government stimulus measures aimed at boosting consumption and investment, even as trade flows faced disruptions from the Middle East conflict, which also pushed up energy and logistics costs.
Purchases grew for other products (150.5%), raw materials, semi-finished products (64.4%), capital goods (28.3%), transport equipment (8.1%), and consumer goods (7.7%), but fell for fuel (-5.7%).
By commodity, imports rose for gold, jewelry (154.7%), circuit boards (144.0%), electrical machinery (82.7%), other metal ores, scrap metal (33.5%), computers (25.3%), chemicals (18.2%), home appliances (12.5%), and iron, steel (5.5%); but shrank for crude oil (-6.5%).
In the first three months of the year, purchases gained 32.4% to USD 105.7 billion.