Nation Thailand
Imports surge past Thailand’s 21.6% export growth
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◌ Single Source
Thailand’s export growth remained strong in July, but a sharper rise in imports left the country with a trade deficit of US$3.6105 billion.
Key facts
- Exports increased by 21.6% year on year to US$34.7891 billion, equivalent to 1.128984 trillion baht, while imports surged by 36.7% to US$38.3996 billion.
- Exports in the first seven months of 2026 totalled US$231.531 billion, up 18.2% from the same period a year earlier
- Imports reached US$266.8855 billion, an increase of 37.8%, leaving a cumulative trade deficit of US$35.3545 billion.
- Excluding oil-related products, gold and military goods, shipments expanded by 23.3%.
- After excluding oil-related products, gold and military goods, seven-month export growth stood at 18.5%.
- Industrial exports grew by 24.2% in July, extending their expansion to a 28th consecutive month
Summary
Exports increased by 21.6% year on year to US$34.7891 billion, equivalent to 1.128984 trillion baht, while imports surged by 36.7% to US$38.3996 billion.
The result marked the 25th consecutive month of export growth. Excluding oil-related products, gold and military goods, shipments expanded by 23.3%.