Thailand Trade Trends November 2025

According to data released by Thailand’s Ministry of Commerce, the country's exports expanded by 7.1 per cent year on year to USD 27 billion in November 2025, marking the 17th consecutive month of growth, while imports grew by 17.6 per cent to USD 30 billion.

For the first 11 months of 2025, exports climbed 12.6 per cent to USD 311 billion, while imports picked up 12.4 per cent to USD 316 billion, yielding a trade deficit of USD 5 billion.

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.

Industrial shipments increased 12.2 per cent compared to the previous year, marking the 20th successive month of expansion, with strong performances recorded in telephones, computers, and gems and jewelry products. Meanwhile, exports of agricultural products declined 15.7 per cent, and agro-industrial shipments dropped 2.3 per cent.

Exports to key destinations, including the United States, China and the European Union, continued to show solid performance. Several secondary markets, such as South Asia, 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 2 per cent in 2025.

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 2024.