Thailand 2025 Growth Slashed Amid China Slowdown, U.S. Tariffs

Thailand’s 2026 export outlook is weakening as China demand slows and U.S. trade pressure rises, according to government forecasts.
Containers for export at the Laem Chabang deep-sea port in Chon Buri province, Thailand, on June 25, 2024. Thailand’s 2026 export outlook is weakening as China demand slows and U.S. trade pressure rises, according to government forecasts. (Photo by Nutthawat Wichieanbut / Bangkok Post / Bangkok Post via AFP)

Thailand’s economic planning agency sharply lowered its 2025 GDP growth forecast amid global trade tensions, weak domestic demand, and a slowdown in Chinese tourism. 

The National Economic and Social Development Council (NESDC) on Monday revised Thailand’s 2025 growth forecast to 1.3%–2.3%, down a full percentage point from its previous projection of 2.3%–3.3%.

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