Exports see drop for 4th month
Exports fell for the fourth straight month in November, plunging by 7.39% year-on-year, attributed largely to lower oil and farm product prices, the world’s economic and trade slowdown, ongoing trade tensions between the US and China and baht appreciation.
The Commerce Ministry reported on Monday customs-cleared exports fetched only US$19.7 billion in November, down 7.39% from the same month last year, after falling 4.5% in October, 1.4% in September and 4% in August.
Phusadee Arunmas
