Thailand Trade Trends October 2025

According to data released by Thailand’s Ministry of Commerce, the country's exports expanded by 5.7 per cent year on year to USD 29 billion in October 2025, while imports grew by 16.3 per cent to USD 32 billion.

In the first ten months of 2025, total exports grew by 13 per cent, amounting to USD 283 billion, and imports were valued at USD 287 billion, an increase of 12.4 per cent, resulting in a trade deficit of USD 4 billion.

Key drivers of growth include strong export performance in electronics, automotive and industrial goods. Electronics exports continued their positive trend, while automotive exports also recorded notable gains. Despite this, agricultural exports remained weak, with overall agricultural shipments down 5.1 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. The CLMV region (Cambodia, Laos, Myanmar and Vietnam), however, registered a 15.6 per cent decline.

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.