Thai exports showed continued resilience in October. SCB EIC expects positive growth in Q4/2023

Thai export growth reached a 16-month high in October 2023, with 8%YOY increase totaling USD 23,578.8 million. Exports of key products and to key destinations improved. The trade returned to a deficit due to an increase in imports. SCB EIC expects a return to expansion in Q4/2023 and a 3.7% expansion in 2024.

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