webfact Posted July 17, 2017 Share Posted July 17, 2017 Thai exports to China grow 31% in first 5 months of 2017 BANGKOK, 17 July 2017 (NNT) - The Department of International Trade Promotion (DITP) revealed that Thai exports to China in the first 5 months of this year grew 31% compared to the same period a year before. DITP Director-General Malee Choklumlerd disclosed that the combined value of Thai exports to China recorded during the first 5 months totaled 11.6 billion US dollars. Major exported products included para rubber, plastic beads, chemical products, and cassava. Like exports, Thai imports from China in the same period increased 4% to 17 billion US dollars. China is the world’s second largest economy. Its gross domestic product (GDP) rose 6.9% in the first quarter of this year. China remains a potential market for Thai exporters and investors. -- nnt 2017-07-17 Link to comment Share on other sites More sharing options...
carstenp Posted July 17, 2017 Share Posted July 17, 2017 (edited) Cant see the positive in that. Thailand lost 5.6 billion on trade deficit Edited July 17, 2017 by carstenp Link to comment Share on other sites More sharing options...
Cadbury Posted July 17, 2017 Share Posted July 17, 2017 19 minutes ago, webfact said: Thai imports from China in the same period increased 4% to 17 billion US dollars. Thai imports from China only increase 4%. Can't wait to see what the percentage increase will blow out to when the expenditure on HS trains and submarines, tanks and APCs starts cranking up. The budget deficit is quoted to be 370 billion baht for 2017. Buddha only knows what it will blow out to in years to come as the military continues it's self indulgent spending spree. By that time the country may well be verging on bankruptcy and then it will be left to others to put Humpty Dumpty back together again. The advice on Thai 10 year bonds is currently - STRONG SELL. Link to comment Share on other sites More sharing options...
RichardColeman Posted July 17, 2017 Share Posted July 17, 2017 Guess the army will have to take over the car industry to stay in the black Link to comment Share on other sites More sharing options...
soalbundy Posted July 17, 2017 Share Posted July 17, 2017 4 hours ago, carstenp said: Cant see the positive in that. Thailand lost 5.6 billion on trade deficit As Trump would say, that's a really bad deal we will change it,Thai first Link to comment Share on other sites More sharing options...
YetAnother Posted July 17, 2017 Share Posted July 17, 2017 5 hours ago, webfact said: Thai exports to China in the first 5 months of this year grew 31% compared to the same period a year before. Really hard to believe; these two are long time trading partners Link to comment Share on other sites More sharing options...
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