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Record export growth in June

By Business Desk

Thailand witnessed a 27.4 per cent annualised increase in June exports to a record US$16.3 billion, against the $15.6 billion imports which resulted in a trade surplus in the month, according to the Commerce Ministry.

The ministry said in the press conference on Tuesday that imports rose 30.7 per cent to $15.6 billion last month after increasing 15.7 per cent in May.

Trade surplus in the month totalled $628 million, according to Commerce Permanent Secretary Siripol Yodmuangcharoen. The surplus could have been higher but for the soaring oil prices in the month, which boosted energy import bills by 66.4 per cent year on year.

Export value in the first six months of this year is $87.2 billion, up 23.1 per cent year on year. Against imports of $88.28 billion in the same period, up 33.6 per cent, Thailand registered a trade deficit of $1.07 billion.

The Nation

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Record export growth in June

Thailand witnessed a 27.4 per cent annualised increase in June exports to a record US$16.3 billion, against the $15.6 billion imports which resulted in a trade surplus in the month, according to the Commerce Ministry.

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