Thailand: July exports fall 11.9% y/y, current account turns to surplus

• Sep 01, 2020

Thailand’s current account surplus was $1.79 billion in July after a deficit of $247 million in the previous month, the central bank said on Monday.

Exports declined 11.9% in July from a year earlier after tumbling 24.6% in June.

Imports slumped 25.4% in July from a year earlier, resulting in a trade surplus of $4.11 billion for the month.

Source: https://www.bangkokpost.com/business/1977527/july-exports-fall-11-9-y-y-current-account-turns-to-surplus