Thai exports continue reaching upward
Thailand’s August exports reached US$21.22 billion (Bt793 billion), a record for the past six years and up 13.2 per cent compared to the same month of last year.
Meanwhile, the country’s exports for the first eight months of this year increased by 8.9 per cent compared to the same period last year, totalling about $153.6 billion. Thailand’s imports for the first eight months of this year reached $144.7 billion, up 15.4 per cent compared to the same period last year. The country could boast a trade surplus of nearly $8.9 billion for the latest eight-month period.
Commerce Minister Apiradi Tantraporn attributed the 12.2 per cent surge of August exports to an increase of exports to all major markets, especially China, CLMV (Cambodia, Laos, Myanmar, and Vietnam), Japan and the US.
Exports of agricultural and agri-industrial products to those markets have increased continuously for the last 10 consecutive months, while the exports of industrial goods have also increased for the last six consecutive months.