Thailand: Export growth eases in December
January 24, 2017
In December, the Thai trade balance recorded a USD 0.9 billion surplus. The reading was below the USD 1.5 billion surplus observed in the same month of the previous year and the USD 1.5 billion surplus registered in November. The 12-month sum of the trade balance recorded a USD 20.7 billion surplus in December, which was slightly down from the USD 21.2 billion surplus seen in the previous month.
Exports in December grew 6.2% on an annual basis, slowing down from the 10.2% surge seen in November. Imports accelerated and grew 10.3% in December (November: +3.0% year-on-year).