FX.co ★ Thailand Current Account Surplus Narrows

Thailand’s current account surplus narrowed sharply to USD 0.6 billion in March 2026, down from USD 1.8 billion in the same month a year earlier. The trade balance swung into a deficit of USD 0.1 billion, compared with a surplus of USD 3.7 billion previously, as imports (USD 34.9 billion) slightly exceeded exports (USD 34.7 billion). By contrast, the balance on services, primary income, and secondary income shifted back into a surplus of USD 0.7 billion, reversing a deficit of USD 1.8 billion recorded in March 2025. On the financial account, the overall balance deficit widened to USD 1.2 billion in March 2026 from USD 1.0 billion a year earlier, driven mainly by a sharp rise in capital outflows from other depository corporations, which increased to USD 3.5 billion from USD 1.7 billion.