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23 Jan 2025

Thai Economy

Thai exports in 2024 grew slightly higher than previously anticipated by 5.4%; 2025 growth may slow due to a renewed trade war (Business Brief No.4119 Full Ed.)

คะแนนเฉลี่ย
  • Thai exports in December 2024 grew by 8.7 percent YoY. As a result, 2024 full-year shipments expanded by 5.4 percent, with the export value hitting a record high, driven by accelerated exports and an upturn in electronics cycle.
  • In 2025, Thai exports are likely to grow 2.5 percent less than in 2024, though the first half of the year should still see support from accelerated imports and the upturn in electronics cycle.
  • However, Thai exports may face challenges in 2025 from a renewed trade war and slowdown in the global manufacturing sector.

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Thai Economy