December 19, 2023Thomson Reuters

Thailand November exports rose 4.9% annually, below forecast

The reading compared with a forecast for a 6.3% year-on-year increase for November in a Reuters poll, and followed October's 8% year-on-year rise

Source: Unsplash

Imports jumped 10.1% in November from a year earlier, beating a forecast rise of 3% in the poll, resulting in a trade deficit of $2.4 billion for the month, versus a forecast deficit of $0.55 billion

Source: Pexels

Exports, a key driver of Thailand's economy, were helped by higher shipments of oil, rice, computer and computer parts, the department said in a statement

Source: Pexels