China · Japan · Nation Thailand
Thai farm exports weaken as electronics power record September shipments
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Thailand’s agricultural and agro-industrial exports fell 1.9% in the first nine months of 2026 as high production costs and intense global competition weighed on key products, even as booming electronics shipments pushed the country’s overall exports
Key facts
- Exports in September reached a record US$38.44 billion, up 24% year on year and marking a 27th consecutive month of growth.
- Imports, however, surged 50.4% to an all-time high of US$44.30 billion, leaving Thailand with a trade deficit of US$5.86 billion for the month.
- For January to September, exports totalled US$304.59 billion, up 19.6%, while imports rose 37.8% to US$348.28 billion
- Agricultural and agro-industrial exports during the first nine months were valued at US$39.92 billion, down 1.9% year on year.
- Among major products, canned tuna exports slipped 0.4% to US$3.91 billion, natural rubber fell 2.5% to US$3.71 billion and rice dropped 16.6% to US$2.96 billion.
- Cassava-product exports declined 28.4% to US$1.70 billion, while sugar fell 21.8% to US$1.89 billion.
Summary
Exports in September reached a record US$38.44 billion, up 24% year on year and marking a 27th consecutive month of growth.
Imports, however, surged 50.4% to an all-time high of US$44.30 billion, leaving Thailand with a trade deficit of US$5.86 billion for the month.