FX.co ★ Thailand's Export Growth Slows to 8.4% in December Year-on-Year

Thailand reported a slowdown in export growth for December, with the indicator showing an 8.4% increase year-over-year. This marks a decline from November's 9.10% year-over-year growth. The data, updated as of January 31, 2025, reflects a deceleration in the pace of export expansion compared to the same month last year.

The decrease in December's export growth rate indicates a slight cooling from the previous month, which saw a more robust year-over-year growth. Despite this deceleration, Thailand's export sector continues to demonstrate resilience amid global economic challenges, maintaining positive year-on-year growth.

The latest figures suggest that while Thailand's export ambitions remain steady, external factors such as global demand fluctuations and currency dynamics may have influenced this moderation in growth. As Thailand navigates the complexities of international trade, the government and businesses will likely continue to focus on strategies to bolster export performance in the coming months.