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Thailand’s export surge signals global economic boom
Photo courtesy of Thailand Business News Thailand‘s exports have skyrocketed for the fourth month in a row, unleashing economic fireworks just in time for the festive season.
Thailand’s exports are on a jaw-dropping winning streak, marking a fourth consecutive monthly surge in November. Ministry of Commerce Permanent Secretary Keerati Rushchano explains this economic rollercoaster.
“Exports of goods showed a remarkable expansion across the board, with agricultural products stealing the spotlight with significant growth compared to other categories.”
The Commerce Ministry, in a report dated December 25, disclosed a 4.9% uptick in exports, soaring to a whopping US$23.5 billion (approximately 809 billion baht) in November. Imports danced to the tune of a 10.1% increase, reaching US$25.9 billion, creating a trade deficit of US$2.39 billion.
Agricultural and agro-industrial…
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