July exports remain in negative territory
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Thailand's exports in July continued to fall, contracting 3.56 per cent from the same period last year to US$18.22 billion, according to the Commerce Ministry.
The contraction continued for seven months in a row. In the first seven months, the combined export value dropped by 4.66 per cent on year to $125 billion.
In July, imports were valued at $17.45 billion, down by 12.73 per cent on year. Combined import value in the first seven months dropped by 8.64 per cent to $120.8 billion. The ministry attributed a sharp fall in imports mainly to low fuel prices compared to the same period last year.
