From 2013 to 2019, Thailand's share of transport services imports generally declined, with a notable dip between 2013 and 2016. However, there was a sharp increase in 2020 and 2021, with values peaking due to a surge in transport services demands. By 2023, the value stood at 43.96. The year-on-year variation saw a minor increase of 0.018% for 2023. The average annual growth (CAGR) over the last five years was 4.99%, showing a modest recovery.
Future trends to watch for:
- Steady growth is expected from 2024 to 2028, with a projected 5-year CAGR of 0.01% and an annual growth rate of 0.03%.
- Closely monitor global market dynamics and potential economic disruptions that could impact transport services imports.
