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Wednesday, May 15, 2024

Exports up 2.6% in Aug, first increase in 11 months

Containers are sorted at Khlong Toei Port, Bangkok. (Photo: Varuth Hirunyatheb)

Thai exports unexpectedly rose for the first time in 11 months in August, helped by higher shipments of agricultural and industrial goods, despite weak global demand, the Commerce Ministry said on Tuesday.

Customs-based exports, a key driver of Thailand’s economy, rose 2.6% in August from a year earlier, compared with analysts’ median forecast for a 4% decline in a Reuters poll.

In August,…

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