Thailand’s exports down for fourth consecutive month

The value of exports, the main driver of Thailand’s growth, dipped for the fourth month in a row in January due to slowing global demand, according to the Ministry of Commerce.

The ministry on March 2 cited data from the Thai Customs Department, saying that the exports fell 4.5% year-on-year to 20.2 billion USD, while imports increased by 5.5% in January to 24.8 billion USD, resulting in a trade deficit of 4.64 billion USD.

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Thailand’s exports down for fourth consecutive month

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