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Market Update: Thailand Exports Rise More than Expected
Exports from Thailand expanded by 13.09 percent year-on-year in April 2021, compared with market consensus of a 9.6 percent growth and after an 8.37 percent gain a month earlier, amid strengthening foreign demand in the wake of coronavirus infections. The government expects outbound shipments to increase by 4 percent this year, supported by a recovery in foreign demand. In 2020, exports fell 6.01 percent, within the government’s forecast of a fall between 6 to 7 percent. source: Ministry of Commerce, Thailand [/s2If]
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