Export sector still slightly in negative territory

[rooster59]

Export sector still slightly in negative territory

By THE NATION

 

 

Export in the second quarter is leaning towards the negative territory due to slow transportation given that many markets are still under lockdown, said Pimchanok Vonkorpon, director-general of the Commerce Ministry’s Trade Policy and Strategy Office.

 

 

She said the office will evaluate the situation again this month and the next.

 

Assuming that exports in the second half of this year stands at US$20.5 billion per month, the entire year’s exports will register at -0.5 per cent, and exports stand at $21 billion per month, then the sector will see 0 per cent growth, she said.

 

The export of farm produce and industrial farm products in April expanded 4 per cent per annum, while rice export rose 23.1 per cent.

 

Shipments to key markets also rose, especially to China and Japan where the Covid-19 situation has improved. Exports to China in April jumped 9 per cent, mostly in relation to fresh, dried and frozen fruit.

 

Source: https://www.nationthailand.com/business/30388339

 

-- © Copyright The Nation Thailand 2020-05-23

 

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[RichardColeman]

5 hours ago, rooster59 said:

Export in the second quarter is leaning towards the negative territory

[Isaan sailor]

It doesn't take a rocket scientist to figure out the Baht's too damned high.

Wait a minute!....we DO have rocket scientists in Yasothon...

Edited May 23, 2020 by Isaan sailor

[Cake Monster]

This report isnt worth writing about.

Its all bases on " Assumptions "

More Thai Tosh

[hotchilli]

9 hours ago, rooster59 said:

Export sector still slightly in negative territory

That's a bit like being up to your neck in sh*t and saying I can still smell the roses !