Thailand's Exports Expand for 20th Consecutive Month in February
Exports — a cornerstone of the Southeast Asian nation's economic engine — reached $29.44 billion last month, marking a robust year-on-year growth rate of 9.9%, according to figures released by the Ministry of Commerce.
However, the data also laid bare a widening trade imbalance. Imports surged 31.8% to $32.27 billion in February compared to the same period a year prior, producing a trade deficit of $2.83 billion for the month.
The gap deepened further when viewed across the first two months of 2026. Thai exports climbed 17.0% to $61.01 billion over the January–February period, while imports jumped 30.5% to $67.15 billion — leaving a cumulative trade deficit of $6.14 billion.
Looking ahead, the Ministry of Commerce projected that Thailand's export momentum would hold through 2026, even as geopolitical headwinds loom. A key pressure point remains the prolonged security crisis in the Strait of Hormuz, which the ministry flagged as a persistent drag on energy prices, production efficiency, and logistics costs — factors collectively eroding the purchasing power of Bangkok's key trading partners.
In response, the ministry outlined a counter-strategy anchored in driving food exports amid the ongoing crisis and aggressively diversifying into emerging markets — moves designed to blunt the impact of global disruptions while capitalizing on new commercial opportunities.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
