Thailand: Exports record a steep upswing in August
September 30, 2016
In August, the trade balance recorded a USD 2.1 billion surplus, which was above the USD 0.7 billion surplus observed in the same month of the previous year and was also higher than the USD 0.8 billion surplus registered in July. The trade balance recorded a USD 22.1 billion surplus in August, which was up from the USD 20.7 billion surplus seen in the previous month.
Exports in August increased 6.5% over the same month of the previous year, rebounding from the 6.4% drop in July. Imports fell a softer 1.5% in August after recording a 7.2% decrease in July.