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25 Jun 2026

Thai Economy

Thai exports, May 2026: Growth remains favorable but concentrated in AI-related and electronics products; full-year growth forecast maintained at 8.2% (Business Brief No.4276 Full Ed.)

คะแนนเฉลี่ย
•    Thailand’s exports expanded by 10.6 percent YoY in May 2026, moderating from the previous month. This indicates that export growth remains concentrated in certain product categories, particularly electronics, while other sectors have begun to show signs of slowing, especially those affected by US tariffs.

•    Thai exports are expected to fall sharply in the second half of 2026. KResearch maintains its full-year export growth forecast at 8.2 percent. Shipments of electronics related to AI and data centers will continue to support overall export performance, but headwinds remain from softer global demand and the risk of additional US tariff measures. 

•    Imports are also expected to moderate in the second half of 2026, driven by lower energy prices and a slowdown in electronics imports in line with export trends. Nevertheless, imports may continue to outpace exports, potentially resulting in a weaker current account balance than previously projected.

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Thai Economy