Thailand’s exports surge 4.9% in Nov, projected to cross pre-Covid levels in 2024

Thailand’s exports rose by 4.9% in November compared to the same period last year, marking the fourth consecutive month of growth, the Commerce Ministry said recently.

Data shared by the ministry suggests a positive trend towards a return to pre-pandemic levels, with an estimated growth of 1.99% projected for 2024.

In November, Thai exports reached US$23.48 billion (847.49 billion baht), reflecting a 4.9% growth over the same period in the previous year, excluding oil, gold and weapons.

Concurrently, imports in November stood at $25.88 billion, indicating a 10.1% growth and resulting in a trade deficit of $2.4 billion.

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The Nation Reporter