Thailand’s Exports Surge in May
(MENAFN) Thailand’s export sector continued its impressive streak by growing for the 11th consecutive month in May, powered largely by industrial shipments as the country prepares for upcoming U.S. tariff regulations, official statistics revealed Wednesday.
According to the Ministry of Commerce, exports—a cornerstone of Thailand’s economic engine—jumped 18.4% year-on-year in May, hitting an unprecedented $31.04 billion. This marks the fastest growth pace in over three years, significantly outpacing April’s 10.2% rise.
Industrial goods led the charge with a robust 22.9% increase, accelerating from the previous month’s 16.6% gain. This surge was driven by strong sales of computers, integrated circuits, and machinery components.
Agro-industrial exports also expanded, climbing 10.1%, while agricultural product shipments grew 6.8%, ending a four-month contraction.
Imports followed suit, rising 18% year-on-year to $29.92 billion in May, creating a trade surplus of $1.11 billion for the month.
From January through May 2025, exports rose 14.9% to $138.20 billion, whereas imports increased 11.3% to $139.32 billion, resulting in a trade deficit of $1.12 billion for the period.
Commerce Minister Pichai Naripthaphan emphasized the strength of Thai exports in a press briefing, stating that the rise in exports highlights the genuine strength of Thai products, not just the influence of other countries’ foreign policies.
He further expressed optimism about maintaining double-digit export growth by the end of the year, provided current trends persist, while noting the importance of monitoring potential risks closely.
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