BANGKOK, 27 November 2014 – Thai exports have shown a continuous improvement as their value in October 2014 expanded by nearly 4%, the highest in 21 months.
As for the first 10 months of 2014, however, the country still registered a negative growth of 0.36 percent. Nonetheless, Thailand’s exports have begun to show signs of recovery, as the export value during the last two months of this year has averaged around 19 billion US dollars.
Should this trend continue, it may be possible for Thailand to eventually see a positive export growth of 0.05 to 0.5 percent by the end of 2014. Regarding the export growth next year, the ministry expects an expansion of around 4 percent.
Meanwhile, the total imports in October were 20 billion US dollars worth. The figure is a decrease of 4.9 percent compared to the previous month, resulting in a trade surplus of 31 million US dollars. However, the 10-month import average still put the country at a deficit of 1.4 billion US dollars.
