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Competitiveness of Thai exports shored up

Competitiveness of Thai exports shored up

21 Sept 04:43 Key points summarised by AI
  • The Commerce Ministry asserts Thai exports will maintain competitiveness, facing the same 19% tariff as rivals in the main US market.
  • While export growth to the US slowed after new tariffs took effect in August 2025, overall Thai exports to the world market have consistently increased for 14 months, growing 13.3% in the first eight months of the year.
  • Despite a trade deficit from accelerated imports and challenges like border issues and global demand decline, Thailand is expected to meet its 2-3% export growth target for 2025.
  • Major Thai exports include wheat products, processed food, computers and parts, machinery, electronic circuits, and gems and jewelry.
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