Thailand Trade Trends February 2026
- 14 hours ago
- 2 min read
According to data released by Thailand’s Ministry of Commerce, the country's total international trade expanded by 20.3 per cent year on year to USD 61.7 billion in February 2026, marking the 20th consecutive month of growth.
During the first month of 2026, exports climbed 9.9 per cent year-on-year to USD 29.4 billion, while imports picked up 31.8 per cent to USD 32.3 billion, yielding a trade deficit of USD 2.8 billion.
Considering the firs two months of 2026, Thailand total trade showed an expansion of 23.7 per cent year-on-year to USD 128 billion, while exports rose by 17 per cent and imports increased by 30.5 per cent.
Key drivers of growth continued to be driven mainly by electronics shipments, in line with the upswing in the computer cycle and the expansion of modern technologies, including AI, which has boosted demand for manufactured goods. The country overall industrial product export increased by 13.3 per cent during February 2026. The strongest expansion was registered in the export of computers, equipment and electronic components, which increased by 49.9 per cent during the same period. Agricultural and agro-industrial exports decreased by 5.7 per cent, compared to the previous month.
Exports to major trade partners destinations continued to show solid expansion, including the United States (40.5 per cent), European Union (20.6 per cent), ASEAN (17.8 per cent), China (0.4 per cent). Several secondary markets, such as South Asia, Australia, the Middle East and Latin America, also recorded positive results.
In its latest outlook, the International Monetary Fund estimated Thailand’s GDP growth rate to be 1.6 per cent in 2026.
The Association of Southeast Asian Nations (ASEAN), a political and economic union of ten member states, has a population of 667 million and a territory of 4.5 million km². It is currently the third-largest economy in Asia-Pacific and the fifth-largest globally. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2025.