Thai Exports Rise 20.8% for 24th Straight Month
Thailand's exports surged 20.8% in June to $34.66 billion, marking the 24th consecutive month of growth, with industrial goods like electronics and auto parts leading gains across major markets including the U.S. and ASEAN.
Thailand's June 2025 exports reached $34.66 billion, up 20.8% from the same month last year and representing 24 consecutive months of growth, according to Nanthapon Jiralertsapong, director of the Office of Trade and Commercial Policy. Excluding oil, gold, and strategic materials, exports grew 23.1%. For the first six months of 2025, total exports hit $196.74 billion, up 17.6% year-on-year.
Industrial goods remain the primary growth driver, particularly electronics, phones, electrical appliances, automobiles, and auto parts, supported by global AI infrastructure and data center investments as well as pre-tariff rush buying ahead of U.S. trade policy uncertainty. Agricultural and agribusiness exports remain down 6.5% overall but show signs of recovery in selected categories: rubber (+12.5%), sugar (+39.3%), canned and processed seafood (+17.5%), pet food (+22.3%), and processed chicken (+8.2%).
Industrial exports expanded 25.1%, marking 27 consecutive months of growth, with standout performers including computers and components (+57.4%), mobile phones and components (+186.1%), electrical circuits (+23.2%), chemicals (+27.8%), electrical transformers (+42.1%), and batteries (+232.4%), reflecting sustained global technology sector demand.
Major export markets showed strong performance: the United States led with 44.3% growth for the 33rd consecutive month, followed by ASEAN-5 (+40.5%), Japan (+22.7%), the European Union (+22.3%), and China (+4.9%). Secondary markets also performed well, with Latin America (+50.7%), Oceania (+32.7%), and Africa (+9.9%) leading growth, while the Middle East (-6.9%), South Asia (-6.3%), and CLMV nations (-5.6%) contracted.
June imports totaled $41.19 billion, up 50.3%, resulting in a trade deficit of $6.53 billion. The first six months accumulated a deficit of $31.74 billion.
The Office of Trade and Commercial Policy projects continued export growth in the second half of the year driven by AI-related electronics demand, though geopolitical risks and U.S. tariff policies remain concerns. The Commerce Ministry will accelerate negotiations on Thailand-EU and ASEAN-Canada trade agreements while discussing tariff issues with the United States, and will address nominee ownership and illegal investment problems to ensure export stability and strengthen Thailand's long-term competitiveness.
