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FX.co ★ Thailand Imports Grow the Least in 3 Months

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typeContent_19130:::2025-03-21T03:33:46

Thailand Imports Grow the Least in 3 Months

In February 2025, Thailand's imports rose by 4.0% year-on-year, reaching USD 24.72 billion, marking a deceleration from the 7.9% growth observed in January. This marks the ninth consecutive month of growth in import activity, although at the slowest rate since November. The slowdown is attributed to weakened domestic demand following the Lunar New Year festivities. Imports saw a notable increase in raw materials and semi-finished products (up 12.8%), consumer goods (up 10.3%), and various other products (up 143.5%). However, there were declines in the importation of capital goods (-11.8%), transport equipment (-8.6%), and fuel products (-5.7%).

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