Thailand Trade Trends April 2025

According to data released by Thailand’s Ministry of Commerce, the country's exports expanded by 10.2 per cent year on year in April 2025 while imports grew by 16.1 per cent.

For the first four months of 2025, exports amounted to USD 107 billion, representing a 14 per year-on-year-growth, while imports totalled to USD 109 billion, up 9.6 per cent year-on-year, leading to a trade deficit of USD 2 billion.

Thai exports experienced growth in three key sectors: automotive parts, supported by demand in ASEAN and the Middle East; electronics, reflecting increased needs for semiconductors and printed circuit boards; and agriculture, particularly rice and fruits, benefiting from trade agreements and regional demand.

In April, Thailand exported the most to the US with an increase of 23.8 per cent compared to the same month last year, followed by China (3.2 per cent), ASEAN (7.8 per cent), South Asia (8.7 per cent), the EU (6.1 per cent), and Japan (5.5 per cent).

In its latest outlook, the International Monetary Fund estimated Thailand GDP growth rate to be 1.8 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.