Balance of trade · Thailand
Thailand Exports YoY
The Thailand Exports YoY shows the difference between the value of goods (and sometimes services) that Thailand sells abroad and what it buys from abroad, or the growth of exports and imports.
- Importance
- Low
- Released
- Monthly
- Next release
- Currency
- THB · Thai baht
- Central bank
- The Bank of Thailand
- Moves
- USDTHB
Latest figures
The latest release for SEP, published on 26 October 2026, came in at 24%, above the consensus of 17.9%, down from 24.3% the time before.
A larger surplus (or smaller deficit) than expected tends to support the Thai baht.
Over the last 12 releases it ranged from 5.7% to 24%, averaging 17%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 26 Oct 2026 | SEP | 24% | 17.9% | 24.3% |
| 25 Sep 2026 | AUG | 24.3% | 24.9% | 21.6% |
| 27 Aug 2026 | JUL | 21.6% | 17.8% | 20.8% |
| 25 Jun 2026 | MAY | 10.6% | 11.6% | 23.1% |
| 25 May 2026 | APR | 23.1% | 16.2% | 18.7% |
| 24 Apr 2026 | MAR | 18.7% | – | 9.9% |
| 24 Mar 2026 | FEB | 9.9% | 15.1% | 24.4% |
| 23 Feb 2026 | JAN | 24.4% | – | 16.8% |
| 23 Jan 2026 | DEC | 16.8% | – | 7.1% |
| 25 Dec 2025 | NOV | 7.1% | – | 5.7% |
| 25 Nov 2025 | OCT | 5.7% | 6.1% | 19% |
| 27 Oct 2025 | SEP | 19% | 9% | 5.8% |
Why it matters
Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the Thai baht; strong imports signal domestic demand. China's figures are read as a gauge of world demand.
How it is calculated
Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.
Trade balance = exports − importsWhat changes mean
- Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
- Exchange-rate moves take months to affect trade volumes (the J-curve).
Higher than expected: A larger surplus (or smaller deficit) than expected tends to support the Thai baht.
Lower than expected: A smaller surplus (or larger deficit) than expected tends to weigh on the Thai baht.
A short history
Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.
Questions
What is the Thailand Exports YoY?
The Thailand Exports YoY shows the difference between the value of goods (and sometimes services) that Thailand sells abroad and what it buys from abroad, or the growth of exports and imports.
What was the latest Thailand Exports YoY?
24% for SEP, published on 26 October 2026 (consensus 17.9%, previous 24.3%).
When is the next Thailand Exports YoY?
On Wednesday 25 November 2026.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.