Transport services exports in Thailand experienced fluctuations over the past decade, with a significant dip from 2013 to 2016. Post-2017, values showed recovery with notable growth, particularly in 2020 (21.89%) and an exceptional spike in 2021 (58.7%). The current value for 2023 stands at 16.97 units of Commercial Service Exports, down by 0.69% YoY but showing an impressive 11.21% CAGR over the last five years.
Looking ahead, forecasted data from 2024 to 2028 indicate a slight decline, with a forecasted 5-year CAGR of -0.2%. Key trends to watch include potential impacts of global economic conditions on transport services demand, technological advancements, and shifts in international trade dynamics impacting Thailand’s export performance.
