Thailand Exports Rise 10.2% in April Surpassing Forecasts

Thailand's exports grew 10.2% year-on-year in April 2025, surpassing market expectations of 9.1% and continuing a positive trend following a 17.8% surge in March. This growth, driven by strong demand in sectors such as electronics, automotive parts, and agriculture, marks the tenth consecutive month of export increases, although the pace has slowed compared to previous months. The surge was partly influenced by factories accelerating shipments ahead of a potential U.S. tariff, which included a 90-day pause on a planned 36% levy on Thai exports. Despite a trade deficit of $3.3 billion due to a 16.1% rise in imports, the commerce ministry remains optimistic about sustained export momentum supported by effective trade policies, regional trade recovery, and improved logistics. Thailand's robust export performance is strengthening its position as a key player in Southeast Asia's trade landscape and is expected to contribute significantly to the country's economic recovery and stability in 2025. However, concerns about potential disruptions from upcoming U.S. tariffs later in the year remain.