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Exports in June contracted slightly as drought slowed fruit exports to China. Looking ahead, exports in July are expecte…
Thai exports in June 2024 contracted by -0.3% compared to the previous year due to a decrease in fruits exports to China. Exports of agro-industrial and agricultural products also declined, while exports to key partners, impacted by gold exports, showed mixed results. The trade balance recorded a slight surplus in June, with expectations of export improvement in July and the second half of the year. SCB EIC anticipates a 2.6% expansion in Thai exports for 2024 and similar growth expected in 2025.
Exports in June contracted slightly as drought slowed fruit exports to China. Looking ahead, exports in July are expecte…
Thai exports in June 2024 declined by -0.3%YOY, with a notable decrease in fruit exports to China due to drought conditions. Agro-industrial and agricultural products saw contractions, while key partners, such as Hong Kong and Japan, also experienced declines. SCB EIC projects a 2.6% expansion in Thai exports for 2024.