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Thailand Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Thailand's trade balance was $7.0B in 2025, ranked 43rd globally. This represents a 60.1% decrease from 2024. Data from World Bank, covering 1960–2025.

$7.0B −$10.6B (-60.1%)
Year 2025 Rank #43 Global Peak $56.8B (2017) Source World Bank

Thailand Trade Balance (1960–2025)

Overview

Thailand's trade balance stood at $7.0B in 2025, a decline of +$10.6B from 2024. Based on recent trends, this figure is projected to reach $7.0B by 2025. Thailand ranked 43rd globally.

Thailand’s trade balance has risen from a modest deficit of –35,077,326.38 in 1960 to a surplus of 7,034,685,395.45 in 2025, placing the country 43rd globally among 66 years of data. The most pronounced surplus occurred in 2017 when the balance peaked at 56,835,761,401.26, reflecting strong export growth and competitive manufacturing sectors. Conversely, the deepest deficit was recorded in 1996 at –11,416,470,781.72, a period marked by regional financial turbulence and currency devaluation. Thailand’s 2025 surplus is comparable to Portugal’s 7,657,856,594.11 and exceeds Costa Rica’s 6,029,545,701.11, indicating a relatively robust position among middle‑income economies. The sustained improvement suggests that continued diversification of export markets and investment in high‑value industries could maintain the upward trajectory, while any sharp external shock or protectionist shift could reverse the gains.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $6.0B - -
2026* trend $6.5B - -
2025* trend $7.0B - -
2025 $7.0B −$10.6B #43
2024 $17.7B +$7.0B #135
2023 $10.7B +$21.1B #141
2022 $-10.5B −$9.8B #25
2021 $-679.1M −$26.6B #72
2020 $26.0B −$24.9B #169
2019 $50.9B +$6.1B #171
2018 $44.8B −$12.1B #171
2017 $56.8B +$756.2M #173
2016 $56.1B +$14.2B #171
2015 $41.9B +$17.9B #172
2014 $24.0B +$16.1B #162
2013 $7.9B +$7.0B #147
2012 $904.6M −$6.6B #123
2011 $7.5B −$12.0B #141
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 4.2% C/A balance 9.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Thailand's trade balance?▾

Thailand's trade balance was $7.0B in 2025. Ranked 43rd globally. This represents a 60.1% decrease from the previous year.

What was the highest trade balance in Thailand?▾

Thailand's trade balance peaked at $56.8B in 2017.

What was the lowest trade balance in Thailand?▾

The lowest trade balance in Thailand was $-11.4B in 1996.

How does Thailand rank in trade balance?▾

Thailand ranks 43rd globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Thailand in 2025?▾

Thailand's trade balance is projected to reach $7.0B by 2025 based on trend extrapolation.

What is Thailand's trade balance in billion?▾

Thailand's trade balance was approximately 7.03 billion ($7.0B) in 2025.

What is the trade balance of Thailand in 2025?▾

The trade balance of Thailand in 2025 was $7.0B. This ranks 43rd in the world.

Cite this page

APA
Thailand Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/thailand/trade-balance/
BibTeX
@misc{historysaid_thailand_trade-balance, title = {Thailand Trade Balance}, url = {https://historysaid.com/thailand/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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