Thailand Import Growth at 5-Year High

2026-07-24 03:35 By Farida Husna 1 min. read

Thailand’s imports surged 50.3% yoy to USD 41.19 billion in June 2026, sharply accelerating from a 35.1% growth in the prior month and easily topping market forecasts of 35.8%.

It was the fastest pace of purchases since June 2021, boosted by robust domestic demand and government measures to spur consumer spending and capital investment despite the impact of the Middle East war.

Purchases grew across all major categories: raw materials and intermediate goods (71.2%), capital goods (42.7%), transport equipment (41.2%), fuel (39.5%), other products (22.2%), and consumer goods (12.3%).

By commodity, imports rose across the board, driven by circuit boards (139.7%), machinery and components (64.1%), crude oil (56.7%), plants (56.0%), other metal ores and scrap (54.3%), computers (52.8%), chemicals (46.5%), iron and steel (19.7%), electrical machinery (13.6%), and jewelry and gold (3.7%).

In the first half of 2026, total imports climbed 38.0% from the same period in 2025 to USD 228.5 billion.



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Thailand Import Growth at 5-Year High
Thailand’s imports surged 50.3% yoy to USD 41.19 billion in June 2026, sharply accelerating from a 35.1% growth in the prior month and easily topping market forecasts of 35.8%. It was the fastest pace of purchases since June 2021, boosted by robust domestic demand and government measures to spur consumer spending and capital investment despite the impact of the Middle East war. Purchases grew across all major categories: raw materials and intermediate goods (71.2%), capital goods (42.7%), transport equipment (41.2%), fuel (39.5%), other products (22.2%), and consumer goods (12.3%). By commodity, imports rose across the board, driven by circuit boards (139.7%), machinery and components (64.1%), crude oil (56.7%), plants (56.0%), other metal ores and scrap (54.3%), computers (52.8%), chemicals (46.5%), iron and steel (19.7%), electrical machinery (13.6%), and jewelry and gold (3.7%). In the first half of 2026, total imports climbed 38.0% from the same period in 2025 to USD 228.5 billion.
2026-07-24
Thailand Import Growth Stays Robust
Thailand’s imports rose 35.1% yoy to USD 40.04 billion in May 2026, slowing from a 45.0% surge in the prior month. The latest result was in line with market expectations of 35%, supported by resilient household demand and policy support aimed at boosting spending and capital outlays despite supply chain and trade uncertainties stemming from the conflict in the Middle East. Purchases grew for most components, including fuel (94.6%), raw materials, semi-finished products (34.4%), other products (26.8%), capital goods (24.2%), transport equipment (15.0%), and consumer goods (9.6%). By commodity, imports rose for crude oil (121.5%), circuit boards (121.5%), natural gas (85.4%), machinery & components (67.4%), other metal ores, scrap metal (34.7%), chemicals (33.8%), electrical machinery (6.3%), and jewelry, gold (3.7%). In contrast, purchases fell for computers (-6.7%) and iron and steel (-0.5%). In the first five months of the year, imports jumped 35.6% to USD 187.3 billion.
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Thailand Imports Notch Record High
Thailand’s imports surged 45% yoy to a fresh peak of USD 41.60 billion in April 2026, accelerating from a 35.7% growth in the prior month and marking the fastest increase since August 2021. The outcome was far above market expectations of 27.2%, boosted by robust household demand and policy support aimed at lifting spending and capital outlays, even as disruptions from the Middle East conflict pushed up energy and logistics costs. Purchases grew for fuel (128.6%), other products (44.3%), raw materials, semi-finished products (38.7%), capital goods (32.8%), transport equipment (15.0%), and consumer goods (13.0%). By commodity, imports rose for crude oil (169.3%), circuit boards (133.8%), natural gas (62.4%), chemicals (32.9%), other metal ores, scrap metal (28.7%), computers (26.4%), electrical machinery (10.4%), and machinery & components (7.4%). In contrast, purchases of gold, jewelry fell 14.1%. In the first four months of the year, imports jumped 35.7% to USD 147.3 billion.
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