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Thailand's exports drop 0.1 percent in June

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June’s exports drop 0.1 percent

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BANGKOK: -- Thailand’s exports for the month of June dropped 0.1 percent to US$18.1 billion, representing a decline for the third month in a row.

In the meantime, imports for the same period dropped 10.1 percent to US$ 16.1 billion, resulting in trade surplus amounting to $1,965 million.

Exports for the first six months of this year totaled $105 billion, representing reduction of 1.6 percent compared to the same period last year. Imports for the same period dropped 10.2 percent to $124 billion.

The main reason cited for export reduction was the slowdown in global economy.

Source: http://englishnews.thaipbs.or.th/junes-exports-drop-0-1-percent/

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-- Thai PBS 2016-07-28

Just blame it on the Brits. whistling.gif

The junta may just be responsible for some of this decline. I am sure that there are people who do not want to business with the country under the present conditions.

The junta may just be responsible for some of this decline. I am sure that there are people who do not want to business with the country under the present conditions.

That is a bit naive, money has no friends or enemies, it loves itself

The junta may just be responsible for some of this decline. I am sure that there are people who do not want to business with the country under the present conditions.

That is a bit naive, money has no friends or enemies, it loves itself

sounds just like the Junta too then !!

Why talk about Decline of the export. Another newspaper says Thailand's exports have started to see signs of recovery and contracted less than expected in June with only 0.1% decline, boosted by shipments of cars and car parts, hard-disk drives and gold.whistling.gif


Another good article about export figures is the the nations news site. Just for information

http://www.nationmultimedia.com/business/Briefs-30291582.html

In the same article - Fitch Ratings has downgraded PTT's Long-Term Local-Currency Issuer Default Rating (IDR) to "BBB+" from "A-" with a "stable" outlook. This means Thai government borrowing will become more expensive.

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