Thailand’s exports increased for the second consecutive month in September, driven by higher shipments of agricultural and agro-industrial products.
Key Takeaways
- Thailand’s exports increased for the second consecutive month in September, driven by higher shipments of agricultural and agro-industrial products.
- The growth in exports was primarily due to the significant increase in rice shipments to South African and Indonesian markets.
- However, the recovery of key markets such as the U.S., Japan, and the European Union remained sluggish, resulting in a slowdown in global demand.
Overall, exports rose by 2.1% to $25.47 billion compared to the same period last year. Agricultural product exports saw a significant jump of 17.7%, while agro-industrial goods expanded by 5.4%. However, key markets like the US, Japan, and the EU remained sluggish due to geopolitical risks and high…
