Thailand's exports fell 0.3% in June 2024, leading to a trade surplus of $0.22bn, while imports increased 0.3%.
Thailand's exports fell 0.3% in June 2024, the first decline in three months, with lower shipments of agro-industrial products. Imports rose slightly, leading to a trade surplus of $0.22bn, lower than projected. Despite this, the Ministry expects export growth in July and maintains the annual target at 1%-2%. The import sector showed a positive turnaround with a 0.3% increase, indicating stronger domestic demand and economic resilience.
July 26, 2024
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