Decline for seventh straight month is bigger than forecast as global demand remains weak
Gantry cranes rise behind stacked containers at Bangkok Port in Klong Toey. (Photo: Bloomberg)
The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow.
The decline was far more than the 2% fall forecast in a Reuters poll of economists, and came after a 4.2% drop in March.
Exports in April were valued at $21.72 billion, compared with $27.65 billion in March, which was the highest in 12 months, the ministry said.
The ministry said earlier that it was still maintaining its target of 1-2%…
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