FX.co ★ Thailand Trade Surplus Widens in May

In May 2025, Thailand reported a trade surplus increase to USD 1.12 billion, a notable rise from USD 0.66 billion in the same month the previous year. This growth was driven by a faster increase in exports compared to imports. Exports experienced a substantial 18.4% year-on-year surge, marking the eleventh straight month of growth and a significant jump from April's 10.2% increase. This was the most rapid growth since March 2022, largely due to a push by factories to expedite shipments following President Trump's announcement in April of a 90-day suspension on plans to impose a 36% levy on Thai exports. Concurrently, imports also saw a significant increase, growing 18% compared to the previous year.