Thailand’s April Exports Surge 23%, Lifting Export Stock Sentiment

published 8 d ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

CPFmacro · positive · med
Processed chicken exports grew for a fifth month, up 6.1%, providing a boost to CPF.
DELTAmacro · positive · med
Thailand's April exports surged 23% year-on-year, significantly exceeding expectations and creating favorable conditions for electronics exporters like DELTA.
GFPTmacro · positive · med
Processed chicken exports grew for a fifth month, up 6.1%, providing a boost to GFPT and CPF.
HANAmacro · positive · med
Thailand's April exports surged 23% year-on-year, significantly exceeding market expectations and creating favorable conditions for electronics exporters like HANA.
ITCmacro · positive · med
Thailand's export growth of 23% in April, including a 6.4% rise in pet food exports, provides a positive tailwind for ITC.
KCEmacro · positive · med
Thailand's April exports rose 23% year-on-year, with the article specifically noting that growth in automobile and parts exports supports positive sentiment for KCE.
STAmacro · positive · med
Thailand's rubber product exports climbed 14% in April, providing a positive boost to STA as part of a broader surge in national export performance.

Article body

Thailand’s exports in April 2026 reached $31 billion, marking a robust 23% year-on-year expansion—well above market expectations of 18.9%. This strong performance provides a positive trading sentiment for key export-related stocks, particularly in the electronics parts, pet food, and rubber segments. Imports in April also saw a sharp rise, surging 45.5% year-on-year, much higher than the market’s 27.2% forecast. Despite brisk trade, the Thai trade balance recorded a $10 billion deficit for the month. Among the standout export products, computers and components grew for the 25th consecutive month, soaring 68.7% year-on-year in April. Electrical circuit boards maintained their uptrend for 16 months, up 19.4%. The momentum suggests favorable conditions for shares like DELTA, HANA, and CCET. Automobile and parts exports rose 9.4%, supporting positive sentiment for KCE. The pet food category extended its expansion streak to eight months, growing 6.4%, bolstering sentiment in exporters such as ITC. Rubber product exports climbed for the third straight month by 14%, benefiting stocks like STA and NER. Processed chicken exports also grew for a fifth month, up 6.1%, providing a boost to GFPT and CPF. Krungsri Securities suggests a trading strategy focusing on export stocks: DELTA, HANA (electronics), ITC (pet food), and STA (rubber), with short-term positive sentiment reinforced by exports outperforming the four-month average in several categories. Key trading levels are recommended for: DELTA: Support at 336/330, resistance at 342/350, cut loss below 322. HANA: Support at 34/32.75, resistance at 36.5/38.5, cut loss below 32. ITC: Support at 16.0/15.8, resistance at 16.7/17.1, cut loss below 15.5. STA: Support at 18.5/18.3, resistance at 19.7/20.3, cut loss below 18.0.