Fizzling Exports

[ExpatOilWorker]

September's import/export numbers will be released at 11:30 am today, but here is some warm up reading.

 

http://www.bloomberg.com/news/articles/2016-10-25/asia-s-strongest-currency-adding-to-challenges-facing-thailand

 

Edited October 26, 2016 by ExpatOilWorker

[ExpatOilWorker]

My bad. Trade numbers are released Thursday, October 27th.

Forecast is a 5% YoY drop.

Edited October 26, 2016 by ExpatOilWorker

[Halfaboy]

Wondering if these figures are impacted again by any exports of 'once off' transactions (like in previous reports where the figures were inflated by export of gold and military equipment).

 

 

[ExpatOilWorker]

Surprise, surprise. Nice positive increase in both export and import numbers for September.

 

BANGKOK: — Exports for the month of September jumped 3.4 percent to US$19.4 billion, representing the highest in two years and the second monthly growth in a row, said Ms Pimchanok Wornkhorporn, deputy director of the Office of Trade Policy and Strategy, on Wednesday.

Imports in the same month increased 5.6 percent to US$16.9 billion, resulting in a trade surplus of $2.5 billion.

Overall, exports for the first nine months of the year amounted to $160 billion, down 0.7 percent compared to the same period last year.