Exports down but certainly not out
Export value in November was US$19.657 billion from $20.8 billion in October, a decrease of 7.39 per cent year-on-year due to the slowing economy, trade war, and other factors affecting international trade and export in many countries including Thailand, Pimchanok Vonkorpon, director-general of the Office of Trade Policy and Strategy Office, said on Monday.
However, exports still maintained their value better than many countries in the region including South Korea, Indonesia and Singapore, during the first 11 months of 2019 when Thailand saw an export value $227.09 billion, a decrease of just 2.77 per cent compared to the previous year.
