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14
2025
-
06
Thailand's Economic Update June 2025: Slower Growth with Trade Bright Spots
Author:
Betsey
Release time:
2025-06-14
Key Drivers of Slower Economic Growth
External Factors:
- Geopolitical conflicts and U.S. tax policies/trade barriers slowing global and Thai economic growth.
Internal Factors:
- Limited government fiscal budget and poor revenue collection.
- Persistently high household and corporate debt burdens.
NESDC Forecast:
Trade Data: Border and Transit Trade as Growth Engines
April 2025 Total Trade
- Total: THB 1,655.55 billion (+8.7% YoY)
- Exports: THB 968.54 billion (+4.7%)
- Imports: THB 687.01 billion (+14.9%)
- Surplus: THB 281.53 billion
First Four Months (2025)
- Total: THB 6,323.97 billion (+10.7%)
- Exports: THB 3,526.78 billion (+7.9%)
- Imports: THB 2,797.19 billion (+13.1%)
- Surplus: THB 729.59 billion
April 2025 Border Trade with Neighbors
- Total: THB 810.62 billion (+6.3%)
- Exports: THB 491.49 billion (+3.8%)
- Imports: THB 319.13 billion (+10.4%)
- Surplus: THB 172.36 billion
Top Neighbor Trade Values:
- Malaysia: THB 251.23 billion (+8.7%)
- Laos: THB 244.02 billion (+0.5%)
- Myanmar: THB 162.31 billion (+3.0%)
- Cambodia: THB 153.07 billion (+16.5%)
April Top Export Products:
- Diesel: THB 31.4 billion
- Other refined oil products: THB 14.74 billion
- Beverages: THB 13.62 billion
First Four Months Border Trade:
- Total: THB 3,440.32 billion (+5.3%)
- Exports: THB 2,062.96 billion (+2.4%)
- Imports: THB 1,377.36 billion (+9.9%)
April 2025 Transit Trade
- Total: THB 844.93 billion (+11.1%)
- Exports: THB 477.05 billion (+5.6%)
- Imports: THB 367.88 billion (+19.2%)
Top Transit Trade Partners:
- China: THB 529.95 billion (+4.5%)
- Singapore: THB 109.19 billion (+24.3%)
- Vietnam: THB 54.9 billion (+6.1%)
April Top Export Products:
- Fresh durian: THB 163.35 billion
- Hard disk drives: THB 76.63 billion
- TSNR rubber blocks: THB 30.18 billion
First Four Months Transit Trade:
- Total: THB 2,883.65 billion (+16.5%)
- Exports: THB 1,463.82 billion (+16.7%)
- Imports: THB 1,419.83 billion (+16.3%)
Trade Growth Highlights
- Electronics: 显著增长 in hard disks, computers, components, and circuit boards.
- Rubber and products: Increased export volumes.
- Durian exports: 992,000 tons worth THB 16,575 million in April (98.5% to China via border/transit routes).
Trade Promotion Measures
Border Trade Expo Program:
- Date: June 13–16, 2025
- Venue: Prachuap Khiri Khan Province
- Goals: Enhance SME capabilities, drive trade-investment cooperation, expand international markets, and improve living standards.
- Supporters: Prachuap Khiri Khan Province, Ministry of Commerce agencies, financial institutions, and public-private sectors.
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Upholding the service philosophy of "customer-centric," the company has developed targeted support strategies to address the policy, legal, and cultural challenges enterprises face in global development. It has established professional teams in multiple countries and regions to conduct in-depth research on local investment promotion policies, providing comprehensive support to enterprises.
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Email: market@betsey.cn
Addresses: Singapore | USA | China·Hong Kong | China·Shenzhen | China·Shanghai | Mexico | Brazil | Thailand | Cambodia | Vietnam | Indonesia
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