Thailand’s trade deficit continues to widen in August

The Minister of Commerce announced that Thai exports reached THB 23,632.7 million in August 22, up 7.5% against the expected market growth of 7.3-7.7%, bringing exports in the eight months of this year (Jan.-August) to THB 196,446.8 million, up 11.0%.

Imports totaled THB 27,848.1 million in August, up 21.3%, bringing the total for the first eight months of this year to THB 210,578.5 million, up 21.4%.

The data resulted in a trade deficit of THB 4,215.4 in August and a deficit of THB 14,131.7 million in the first eight months of this year.

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