Thailand Trade Trends May 2025

According to data released by Thailand’s Ministry of Commerce, the country's exports expanded by 18.4 per cent year on year to USD 31 billion in May 2025 while imports grew by 18 per cent to USD 30 billion.

For the first five months of 2025, Thailand’s exports amounted to USD 138 billion, representing a 14.9 per cent year-on-year growth, while imports totalled USD 139 billion, up 11.3 per cent year-on-year.

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 May, Thailand exported the most to the US, followed by China, Japan and India.

In its latest outlook, the International Monetary Fund estimated Thailand’s 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.