Exports drop, but show signs of recovery
Exports were again in negative territory last month but the figures still bolstered confidence at the Commerce Ministry that the worst of the slump might be over.
The ministry reported on Monday that exports in July contracted 11.37% year-on-year to US$18.8 billion as the coronavirus pandemic continued to tame the global economy. Exports for the first seven months dropped 7.72% to $133 billion.
Bangkok Post Reporter
