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Thailand: November exports drop 3.65% y/y

  • Dec 23, 2020

Exports in November fell by 3.65% from a year earlier, the Commerce Ministry said on Wednesday.

The decline compares with a forecast in a Reuters poll for a fall of 3.2% in exports and against October’s 6.71% drop.

Imports in November eased 0.99% from a year earlier, resulting in trade surplus of $53 million.

In January-November, exports, a key driver of Thai growth, contracted 6.92% from a year earlier, while imports tumbled 13.74%

Source: https://www.bangkokpost.com/business/2040047/november-exports-drop-3-65-y-y