The Deputy Government Spokesperson revealed that Thailand's exports in March 2026 set a new record high, growing for the 21st consecutive month. The government continues to maintain Thailand's trade momentum and open new markets amid global risks.
On 24 April 2026 GMT+7, Ms. Lalida Perwivattana, Deputy Government Spokesperson, stated that Thailand's exports in March 2026 were valued at 35.1571 billion U.S. dollars, or 1,087.46 billion baht, marking a record high and continuous growth for the 21st month at 18.7%. Excluding items related to oil, gold, and military supplies, exports grew by 19.3%.
Key factors included electronics and electrical appliances, which grew due to demand for AI technology and data centers. Agricultural and food products with potential, such as fresh durian, fresh mangosteen, pet food, processed chicken, sugar, and herbal spices, also continued to expand well in many markets.
For the first three months of 2026, total exports reached 96.1699 billion U.S. dollars, growing 17.6%, while imports totaled 105.6464 billion U.S. dollars, expanding 32.4%. This resulted in a trade deficit of 9.4766 billion U.S. dollars.
Ms. Lalida added that industrial products remain the main growth driver. In March, they expanded 21.4% for the 24th consecutive month, especially computers, equipment, and components which grew 34.2%, telephones, equipment, and parts which surged 166.6%, and gemstones and jewelry excluding gold which rose 86.4%, along with continued growth in machinery, steel, and electrical transformers.
Major export markets also showed strong growth: the United States grew by 41.9%, the European Union by 21.9%, Japan by 9.1%, and the five ASEAN countries by 25.0%. Meanwhile, South Asia's market expanded sharply by 123.3%, and Australia by 56.2%.
However, the government is closely monitoring risks, particularly unrest in the Strait of Hormuz, which has begun to affect shipping and caused a contraction in Middle Eastern markets, as well as risks related to energy costs and new U.S. trade measures.
"This record-high export figure reflects the potential of Thai products in the global market. The government will continue to sustain this momentum by opening new markets, supporting products with potential, and closely monitoring risks from the global economy to ensure stable growth for Thai trade," Ms. Lalida said.