Thai exports leap 13.2%YOY in August, the highest rate in 55 months
Thai export value in August expanded 13.2% YOY in most product categories and major markets, except for exports of auto and parts to the Middle East and Australia.
Thai export value in August expanded 13.2%YOY in most product categories and major markets, except for exports of auto and parts to the Middle East and Australia.
For major manufacturing products, export of electronics and electronic appliances, increased 13.5%YOY and 6.3%YOY, respectively. Growth was driven by growing demand for Thai manufacturing products thanks to an improvement in the global economy. Overall, Thai exports during the first 8 months of this year grew 8.9%YOY.
Thai import value continually grew 14.9% YOY.
Imports of fuel increased 58.1%YOY while those of computer and parts, expanded 16.6%YOY, following Thailand’s export trend of related products.
Source: https://www.thailand-business-news.com/economics/61223-thai-exports-leap-13-2yoy-august-highest-rate-55-months.html
Author:
Patrick Lusted
