April’s exports fall to the lowest level in 24 months

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April’s exports fall to the lowest level in 24 months

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“Deputy PM Somkid Jatusripitak has scheduled a meeting on May 31 with Thailand’s commercial attachés from across the world in a bid to boost exports.” Thailand’s exports fell 2.6% last month (April) to US$18.5 billion, the lowest level since May 2017. Thai PBS reports that imports in April also dropped by 0.72% to about US$20 billion, resulting in a trade deficit of about US$1.5 billion, she said, adding that Thailand’s total exports for the first four months of this year amounted to US$80.5 billion, representing a 1.86% contraction compared to imports of U$79.9 billion, a  1.08% drop. The fall is being blamed on the intensifying trade war between the US and China, according to Ms.

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April’s exports fall to the lowest level in 24 months

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