Thai exports expand by 15.5% in June

Ministry anticipates deceleration in H2

- PHUSADEE ARUNMAS

While exports surged by 15.5% year-over-year in June, with a significant increase in the US market, exports in the latter half of the year are expected to decelerate, according to the Ministry of Commerce.

Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), said exports were valued at US$28.6 billion in June, marking a 12th consecutive month of growth. Imports rose by 13.1% to $27.5 billion, resulting in a trade surplus of $1.06 million.

The continued expansion was driven by the postponement of the US tariff measures, prompting importers in the US to accelerate orders from Thailand in anticipation of potential price risks.