The Trade Policy and Strategy Office (TPSO), Thailand’s Ministry of Commerce, issued a report regarding international trading in July as Thailand exported products worth a total of USD 28.58 billion, an increase of 11% which surpassed the expectation of 9.6 – 10%, and imported products worth a total of USD 28.25 billion. As a result, the nation had a trade surplus of about USD 322 million in July.
Thailand’s exports continue to expand for 13 consecutive months, and have increased its value at double digit level for seven consecutive months since January 2025. Furthermore, the nation also had a trade surplus for three consecutive months straight.
For the first seven months of the year (January to July), Thailand achieved an export value of USD 195.43 billion, an increase of 14.4% YoY, while expanding its import to the value of USD 195.17 billion, an increased 10.6% YoY. Therefore, during this period, Thailand had a trade surplus of USD 260 million.
Mr. Poonpong Naiyanapakorn, Director General of TPSO, stated that Thailand’s export grew strongly despite nearing the end of the U.S. reciprocal tariff suspension period in August as importers around the world accelerated their operations to avoid risk.
He added that the Thai government also significantly expanded investors’ confidence to invest in Thailand’s exports after the administration successfully formed a trade agreement with the U.S. and implemented relief measures to those affected by the U.S. tariff.
Still, Mr. Poonpong speculated that Thailand’s export after August will start to slow down due to the U.S. tariff. Therefore, the office will review this year’s target for Thailand’s export after examining the export value of this month and having a discussion with the Joint Standing Committee on Commerce, Industry and Banking and Thai National Shippers’ Council.
Nonetheless, the office will maintain its goal of expanding the nation’s export by 2 -3% for the time being, while estimating a possibility of further growth.
