Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>Thailand’s exports in May expanded by 18.4% YoY, primarily driven by continued growth across both product categories and export markets, supporting average export growth of 14.8% YoY for 5M25.</li><li>We see potential for the consensus forecasts for exports to be revised upward. In terms of product categories, the export value of automobiles and auto parts returned to positive growth, suggesting a possible recovery in domestic vehicle production, which would be positive for auto-related stocks, such as SAT and STANLY.</li><li><p>Exports in May grew by 18.4% YoY, marking the 11th consecutive month of expansion. </p></li></ul>

Thailand’s exports in May expanded by 18.4% YoY, primarily driven by continued growth across both product categories and export markets, supporting average export growth of 14.8% YoY for 5M25.We see potential for the consensus forecasts for exports to be revised upward. In terms of product categories, the export value of automobiles and auto parts returned to positive growth, suggesting a possible recovery in domestic vehicle production, which would be positive for auto-related stocks, such as SAT and STANLY.Exports in May grew by 18.4% YoY, marking the 11th consecutive month of expansion. 

Economic Update – Exports & Imports - JUNE 20, 2025