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Thai exports for April fall to the lowest level in 24 months

Thailand’s exports in April fell 2.57% to US$18.5 billion – the lowest since May 2017. 

The fall is being blamed on the intensifying trade war between the United States and China, according to Ms. Pimchanok Wornkhorporn, Director of the trade policy and strategy office at the Ministry of Commerce.

Imports in April also dropped by 0.72% to about US$20 billion, resulting in a trade deficit of about US$1.5 billion, she said, adding that Thailand’s total exports for the first four months of this year amounted to US$80.5 billion, representing a 1.86% contraction compared to imports of U$79.9 billion, a  1.08% drop.

Full story: https://www.thaipbsworld.com/thai-exports-for-april-fall-to-the-lowest-level-in-24-months/

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