Reported 5 months ago
In April, Thai exports rebounded by 6.8% year-on-year, surpassing analyst expectations, with a decline of 6.7% from March. The commerce ministry anticipates a slight increase in exports in the second quarter, attributing the growth to rising demand for industrial goods amidst global economic recovery and agricultural price increases due to volatile weather conditions. Despite geopolitical risks, exports of industrial goods rose by 9.2% and rice export volumes surged in April. The country's export growth target for the year remains at 1% to 2%, after a 1% decline in 2023, with a trade deficit of $1.64 billion recorded in April.
Source: YAHOO