Thai exported over US$ 10 billion during the month of May

Deputy Prime Minister and Commerce Minister Somkid Jatusripitak(สมคิด จาตุศรีพิทักษ์) stated that during the month of May, Thailand has generated US$ 10 billion revenue from its exports. The ministry will also maintain the export rate at 17 percent.

Mr. Somkid disclosed that the exports during May when compared same period with last year has increased by 19 percent. He expected that the ministry will be able to maintain the export at 17 percent despite the economy facing the floatation of the Thai baht currency and high interest rates.

He has also assigned Department of Export Promotion and Department of Foreign Trade to look after the matter and to constantly maintain the export rates of the country.

Mr. Somkid spoke about his visit to France tomorrow (20th of June), adding that it would strengthen the trades between the countries and to discuss over the business and tourism as well. He will also visit Turkey and Switzerland.

Source: Thai National News Bureau Public Relations Department - 19 June 2006

Any breakdown on what yielded the most dosh?

Which Faranglands bought the exports?

Good thread. More info would be intriguing.

The dear minister was over sabai to announce today the increase of imports...

The only problem : so did the imports. The trade deficit increased. But this news will be announced tomorrow, by one of his deputy.

With currency factored in, and inflation, and huge increases in freight, real exports measured in goods is probably on par with last year, considering the current problems thats very good. Whats concerning is the huge growth in imports, again considering the strong baht and the lower resultant pricing, that means imports are exploding.

The dear minister was over sabai to announce today the increase of imports...

The only problem : so did the imports. The trade deficit increased. But this news will be announced tomorrow, by one of his deputy.

Spoken like a man in-the-know, yes?

Thailand Posts Biggest Trade Deficit in 11 Months

June 20 (Bloomberg) -- Thailand posted its biggest trade deficit in 11 months in May as imports rose to a record amid high oil prices, the commerce ministry said.

Source: Bloomberg - 21 June 2006

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