Thai Chamber of Commerce Forecasts Export Growth Volatility for 2027
The University of the Thai Chamber of Commerce projects a significant slowdown in export growth for 2027, citing global economic uncertainties.
According to a report by Prachachat Business, the Center for International Trade Studies at the University of the Thai Chamber of Commerce has released its latest outlook for Thailand's export sector. The institution estimates that exports will grow by 17.8% in 2026, reaching a total value of $400.8 billion. However, growth is expected to decelerate to 7.4% in 2027, with a projected value of $430.5 billion.
Analysts have established a wide growth range for 2027, estimating between 0.8% and 11.1%. This volatility is attributed to several external factors, most notably potential changes in United States trade and tariff policies, as well as the fluctuating cycles of the global electronics industry and the integration of artificial intelligence.
For residents and business owners in Thailand, this forecast suggests a period of economic adjustment. While the export sector remains a primary driver of the national economy, the wide margin of uncertainty indicates that businesses may need to prepare for varying levels of demand and potential shifts in international trade relations. It remains to be confirmed how specific U.S. policy decisions will manifest and how effectively Thai industries can adapt to the evolving global technological landscape. Stakeholders are advised to monitor official government updates regarding trade agreements and industrial performance metrics as the year progresses.
