The export of Electrical and Electronic Equipment from Thailand showcased fluctuations since 2013, peaking with significant growth in 2017 and 2021. The value in 2023 stood at 39.062 Billion US Dollars. Recent trends show a moderate year-on-year increase of 2.21% in 2023, with an average annual growth rate (CAGR) of 2.18% over the past five years. Forecasts predict a stable growth trajectory with a forecasted CAGR of 1.68% until 2028, which translates to a forecasted increase of 8.7% over the same period.
Future trends to watch for include:
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- The impact of global supply chain dynamics on Thailand's export stability.
- Technological advancements and innovations driving the electrical and electronic sector.
- Potential shifts in trade agreements and tariffs affecting export competitiveness.
