Thailand’s trade deficit reached US$5.71 billion in May 2026, a decrease from the record $10.02 billion deficit reported in April. The Commerce Ministry attributes this narrowing to increased export figures, though imports continue to outpace them. Imports surged by 35.1% year-on-year, totaling $40.04 billion, driven by demand for raw materials and energy. Exports experienced a 10.6% increase, reaching $34.33 billion. Despite the growth in exports, the significant gap between imports and exports resulted in the continued trade deficit. This data suggests ongoing economic pressures related to import costs and global trade dynamics within Thailand. The Ministry is monitoring the situation closely for potential impacts on the national economy.