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December 2025

Analysis on the Sustainability of Military Capabilities of Thailand and Cambodia in 2025

Introduction

The latest round of military confrontation between Thailand and Cambodia started  on 8 December 2025. Since then, the war-like situation has increasingly intensified along the border areas of the two countries, incurring substantial losses and  expenses to both Thailand and Cambodia.  

Question arises over the economics of the situation; specifically, how long can the  government and military of the two neighboring countries afford this war, and how  soon can the situation come to an end.  

This occasional paper aims to analyze the economic and military reserves of the two  countries, based on available public information, to provide an estimate on how  much longer can the military of the two countries afford to sustain the existing war like situation.

Sustainability Metric

International and regional estimates of military sustainability, measured in days, highlight a stark contrast between Thailand’s strategic depth and Cambodia’s  reliance on immediate, limited stockpiles.

Thailand: Strategic Depth and 45-Day Minimum

  • Fuel Readiness: The Thai Ministry of Energy confirmed in December 2025  that military fuel reserves are maintained at a minimum of 45 days specifically for combat operations. 
  • Ammunition Advantage: Thailand’s “well-funded” military (Ranked 25th  globally) has domestic manufacturing capabilities for small arms and artillery  shells, allowing it to sustain operations far beyond initial stockpiles. 
  • Logistics: The Royal Thai Army successfully destroyed major Cambodian  arms and ammunition warehouses near the border on December 13, further  extending Thailand’s relative sustainability by degrading the opponent’s  immediate supply.

Cambodia: The "Sustainability Dilemma"

  • Supply Depletion: International analysts (IISS) describe Cambodia as having  “inadequate logistics” for prolonged war. High-intensity usage of BM-21  rockets and the modern GAM-102 anti-tank missiles—valued estimated at  USD 112,000 per unit—is expected to deplete current front-line stocks  within 15 to 20 days.
  • Dependency on Imports: Cambodia relies on Thailand for 30% of its essential  imports, including oil. Following the National Security Council’s December 16  resolution to block all fuel shipments to Cambodia, the country’s military  sustainability is expected to drop significantly as internal reserves are  diverted to civilian needs.
  • Attrition: Estimates suggest that if the current intensity of fighting (8  December–present) continues, Cambodia’s heavy weapon stocks could reach  critical levels within less than 30 days without direct intervention from  international supporters like China. 
  • External Factors: What remains unclear is whether or not Cambodia is  currently receiving external assistance in the form of financials, supplies,  weapons and ammunition, military personnel, etc., all of which may have a  positive impact on the sustainability of the Cambodian military operations. 

Key Strategic Drivers in December 2025

  • The Blockade Effect: Following a National Security Council (NSC) resolution  on December 16, 2025, Thailand suspended all fuel and strategic goods  exports to Cambodia, severely shortening Cambodia’s military “clock”.
  • Logistical Asymmetry: International analysts (IISS) describe Cambodia as  having “inadequate logistics” for a war lasting more than one month without  external intervention, whereas Thailand is ranked 25th globally for its well funded, advanced military machine. 
  • Current Casualties: As of December 18, 2025, the conflict has resulted in at  least 21 Thai fatalities, with reports suggesting much higher losses on the  Cambodian side, further straining their immediate manpower and equipment  sustainability. 

Conclusion

Based on the above data and analysis, it can be assumed that, without external  interference in the form of assistance to either of the parties, the military  confrontation between Thailand and Cambodia would come to an end within the  next 20 days, or before the end of January 2026. Whether or not the war situation  would continue in other shapes or forms, such as guerrilla warfare or state sponsored terrorism or others, remains highly uncertain.


Disclaimer

The above analysis is based on the available public information on the economics of the  military capabilities of Thailand and Cambodia. It does not take into account the military  strategies and operational tactics of the armed forces of the two countries.

Reference

International Military & Intelligence Briefings 

International Institute for Strategic Studies (IISS). (2025). The Military Balance 2025. London: IISS. 

Global Firepower. (2025, January). 2025 Thailand Military Strength Ranking. Retrieved  from GlobalFirepower.com. 

SpecialEurasia Intelligence. (2025, July 24). Intelligence Briefing: Thailand-Cambodia Military Escalation  and Logistical Assessments. SpecialEurasia.

Government Statements & Press Releases 

Ministry of Foreign Affairs of Thailand. (2025, July 24). Statement on Thailand-Cambodia Situation:  Sovereignty Violations and Military Readiness. mfa.go.th. 

Ministry of Energy, Thailand. (2025, December 16). Weekly Energy News Report: Fuel Supplies ‘More  Than Sufficient’ During Border Crisis. Facebook/DEDE. 

Government of Thailand. (2025, December 8). Statement of Minister of Defence concerning Thailand Cambodia Border Clash. thailand.go.th.

Media & Economic Analysis 

Reuters. (2025, December 8). Factbox: How do Cambodia and Thailand’s militaries compare? Reuters.com. 

The Nation Thailand. (2025, June 7). Thailand and Cambodia’s military strength compared in 2025:  Personnel and Equipment Inventory. NationThailand.com. 

Quantum Commodity Intelligence (QC Intel). (2025, December 13). Thailand extends oil export ban to  Cambodia amid border conflict. qcintel.com. 

AMRO (ASEAN+3 Macroeconomic Research Office). (2025, November 17). Analytical Note:  Assessment of the Economic Impact of Cambodia-Thailand Border Conflicts. amro-asia.org. 

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