Bangkok: The Cabinet expressed concern over Thailand’s export growth in August, which increased by 4.8 percent. This growth follows the implementation of US tariffs from August, which has impacted the export landscape.
According to Thai News Agency, Ms. Airin Phanrit revealed that Thailand’s exports in August 2015 were valued at US$27.743 billion, equivalent to 889.014 billion baht. This marks 14 consecutive months of growth but shows a slowing trend due to the new tariffs. Importers have responded by implementing price risk management strategies. Despite weak demand and rising US inventory levels, the electronics and electrical appliance sectors continue to grow.
Agricultural products like rice, rubber, and cassava face challenges from price competition, yet exports in the first eight months of 2025 rose by 13.3 percent. Excluding oil-related products, gold, and military equipment, this growth rate remains consistent. Key export markets, including the United States, China, and ASEAN, continue to expand, while new markets in the CLMV region, the Middle East, and Africa show recovery signs despite the global economic slowdown.
Thai rice remains in high demand, particularly in the Middle East and Africa. The Ministry of Commerce anticipates ongoing export expansion for the rest of 2025, supported by trading partner economies, recovering tourism, and increased industrial investment. Exports remain a crucial component of the Thai economy, with government plans to promote trade measures, negotiate free trade agreements, and support Thai entrepreneurs in global markets to sustain economic stability.