Thailand's exports drop 0.1 percent in June

[webfact]

June’s exports drop 0.1 percent



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/


-- Thai PBS 2016-07-28

[daveAustin]

Just blame it on the Brits.

[Colabamumbai]

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.

[soalbundy]

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

[Holy Cinema]

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 !!

[carstenp]

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.

[carstenp]

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

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

[Srikcir]

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.