Exports up 4.28% last month

 

   

Thai exports in July 2019 rose 4.28% from a year earlier, on the back of rising gold prices and a less-volatile trade war between China and the United States.

 

The Director-General of the Trade Policy and Strategy Office (TPSO), Pimchanok Vonkorpon, said today that Thai exports were valued at 21.20 billion US dollars last month, while the value of Thai imports was 21.09 billion dollars. The result was a trade surplus of 1.91%.

 

Exports in July contracted 0.95% from the previous month, but were 4.28% higher year-on-year. In addition, the 0.95% contraction was the lowest in five months, since February. This was due to the surging gold prices on global market and the China-US trade war, which has not worsened.

 

Thai exports to China and the US were positive. Thailand was able to export more products, namely cosmetics, processed agricultural goods and fruit. If the monthly export value stays above 21.75 billion dollars in the remaining months of 2019, the country’s export sector will not experience negative growth this year.

 

-- © Copyright NNT 2019-08-22

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Here we go again.figures from the ministry of dice rolling.everything is safe and sound and he gets to keep his job.i think he's not counted the export of expats which will make the numbers look even better.

Gold exports soared 407% in July from a year earlier. This could be a signal that something is afoot.

Maybe for good reasons the rich are shipping out their gold to safer havens. 

Yeah, The Ministry of Dubious Conclusions & Outright Lies at it again. They must think everyone is a moron and that if you just announce something in the news then everyone will just accept it and believe it.

<deleted> just give the raw numbers and not percentages. Even a trading economics chart would be better. Where's the Roman emperor when you need him?

1 hour ago, Cadbury said:

Gold exports soared 407% in July from a year earlier. This could be a signal that something is afoot.

Maybe for good reasons the rich are shipping out their gold to safer havens. 

Actual physical gold? Would be a bit strange to start hauling Fort Knox over the border.

Edited August 22, 20196 yr by DrTuner

1 hour ago, Cadbury said:

Gold exports soared 407% in July from a year earlier. This could be a signal that something is afoot.

Maybe for good reasons the rich are shipping out their gold to safer havens. 

Isnt gold one of the things that Thailand imports ?

2 hours ago, Cadbury said:

Gold exports soared 407% in July from a year earlier. This could be a signal that something is afoot.

Maybe for good reasons the rich are shipping out their gold to safer havens. 

Your comment makes absolutely no sense whatsoever.gold is known as an investors safe haven.sticking it in another country makes no difference at all.the price will the same in Bangkok,Brixton or Berlin.also why would you move gold to another country and have to pay import,excise and tax on it and losing.if you invest in gold you would buy and sell it in the same country.

1 hour ago, happy chappie said:

Your comment makes absolutely no sense whatsoever.gold is known as an investors safe haven.sticking it in another country makes no difference at all.the price will the same in Bangkok,Brixton or Berlin.also why would you move gold to another country and have to pay import,excise and tax on it and losing.if you invest in gold you would buy and sell it in the same country.

Uh? Try harder!

38 minutes ago, Cadbury said:

Uh? Try harder!

An even more senseless reply,your getting good at this.are you still chewing on you own words from gobbling it off and getting put in your place yesterday.

please do explain to us on Thai visa about your theory of rich exporting gold to a safe haven or go hide out for another day in the dark hole you were in.

How many elephants fit in container ??

The export of used paper for recycling is booming as well, mainly filled out TM30 forms..

19 hours ago, webfact said:

Exports up 4.28% last month

Take the gold out and exports fell by 0.4%. Something they must have forgotten to mention.

8 hours ago, Cadbury said:

Take the gold out and exports fell by 0.4%. Something they must have forgotten to mention.

It's not really the physical export of gold that increased but rather

On 8/22/2019 at 3:38 PM, webfact said:

the surging gold prices on global market

Thailand could have physically exported less gold but still experienced more export revenue.

one day down next day best ever by over 4%
using same abacus as TAT lol
who really knows the real figures lol ...