Thailand: Trade balances out in October
November 28, 2014
In October, trade was balanced, which marked an improvement over the USD 1.8 billion deficit observed in September and the USD 1.8 billion deficit recorded in the same month last year.
Exports in October rose 4.0% over the same month last year, which was up from the 3.2% increase observed in September and marked the fastest rise since January 2013. Contrary, imports fell 4.9% in October, which contrasted the 14.4% increase observed in the previous month.
Author: Dirina Mançellari, Senior Economist