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Thai exports beat forecast in December, but set to slow in 2026, commerce ministry says

Thailand’s exports surged in December 2025, rising 16.8% year-on-year to about US$28.8 billion, significantly beating market expectations of around 8.7%. This strong performance was led by electronics and electrical appliances, contributing to a 12.9% full-year export growth in 2025 — the highest in four years and highlighting Thailand’s continued trade momentum. 

Despite the strong year-end figures, the Thai Ministry of Commerce warned that export growth could slow in 2026 due to headwinds such as a stronger Thai baht, rising U.S. tariffs, and ongoing global trade uncertainties, potentially dampening the export outlook for the year ahead. 

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January 31, 2026