Thailand’s customs-based exports rose for the fifth consecutive month in December, increasing by 4.7% compared to the previous year.
- Thailand’s customs-based exports increased by 4.7% in December 2023, marking the fifth consecutive month of growth.
- Despite a 3.1% year-on-year decrease in imports, Thailand achieved a trade surplus of $0.97 billion in December.
- The Ministry aims for a 1.99% growth in exports for the year, with rice export volumes showing significant increases in both December and the whole of 2023.
However, imports fell by 3.1% year-on-year, resulting in a trade surplus of $0.97 billion. Shipments to the United States saw a slight increase, while those to Japan decreased and exports to China rose. For the full year of 2023, imports dropped by 3.8% and exports by 1%, leading to a trade deficit of $5.2 billion. The ministry has set a target for exports to grow by 1.99%…
