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Thailand registered a trade surplus of USD 0.97 billion in March 2025, shifting from a USD 1.16 billion deficit in the same month of the previous year and compared to market estimates of a USD 1 billion surplus. It marked the 2nd straight month of trade surplus, as exports grew significantly more than imports. Sales surged 17.8% from a year earlier to a record peak of USD 29.55 billion, marking the ninth straight month of expansion, following a 14% rise in February, far above forecasts of a 13% growth. Meanwhile, purchases increased by 10.2% to a record high of USD 28.58 billion, the tenth straight month of growth, accelerating sharply from a 4% rise in the previous, much faster than forecasts of a 6.35% growth. For the first quarter of 2025, the country recorded a USD 1.08 billion surplus, with exports and imports rising 15.2% and 7.4%, respectively. Last year, the trade balance posted a deficit of USD 6.28 billion, with exports growing by 5.4%, less than the 6.3% gain in imports.