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Thai exports off to a strong start in 2026, but Trump-era trade tensions a worry

Thai exports off to a strong start in 2026, but Trump-era trade tensions a worry

13 Sept 09:06 Key points summarised by AI
  • Thailand's exports surged 24.4% year-on-year in January 2026, marking the 19th consecutive month of growth, driven by robust global demand for electronics, AI-related goods, and automobiles.
  • Despite the strong export performance, imports grew even faster, leading to a $3.3 billion trade deficit for January.
  • The looming threat of renewed Trump-era tariffs, including a proposed 15% global tariff, jeopardizes future export momentum by potentially eroding Thailand's competitive advantage.
  • Thailand's significantly rising trade surplus with the US positions it as a potential target for higher tariffs under Trump's protectionist policies.
  • Analysts and international organizations forecast a sharp slowdown in global trade for 2026, creating substantial headwinds for Thailand's export-reliant economy despite more resilient global GDP projections.
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