Connect with us

Business

Exports rise nearly 7% in August, the highest this year

Published

 on 

Thai exports have gown at 6.68% to US$23.8 billion during the month of August, the highest gain so far this year. The announcement from Ms Pimchanok Wornkhorporn, director of Trade Policy and Strategy Office of the Commerce Ministry.

Exports for the first eight months of this year rose 10.03% and, for the rest of 2018, are expected to grow 8 %.

On the other side of the ledger, imports for August rose 22.8% to US$23.382 billion resulting in a trade deficit valued at US$588 million.

Export values for the first eight months amounted to US$169 billion dollars, an increase of 10.03% compared to an import value of US$166.67 billion dollars – a rise of 15.89% from last year.

Ms Pimchanok said that the trade war declared by the US administration has started to affect some items of exports to the US.

SOURCE: Thai PBS

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

World13 hours ago

Thai gangs traffic Kenyans to Myanmar scam factories

South14 hours ago

Deep South emergency decree extended 3 months

Thailand15 hours ago

Why Is Thailand So Cheap?

Sponsored2 days ago

Where you can get cannabis in Bangkok

Expats15 hours ago

Phuket’s 5 best golf courses

Crime15 hours ago

Inmate who escaped Khon Kaen hospital back in custody

Coronavirus (Covid-19)16 hours ago

Masks recommended in crowds amid Covid increase

Join the conversation on the Thaiger Talk forums today!
Crime18 hours ago

Squabbling beach vendor gives rival a single bullet warning

Tourism18 hours ago

Russian invasion takes Thailand’s tourism forces by surprise

Road deaths18 hours ago

Late night drinking hopes dashed by Alcohol Control Committee

Thailand20 hours ago

Why Pattaya? Is Pattaya worth visiting in 2023?

Transport20 hours ago

Thai Airways appoint new CEO

Crime21 hours ago

Private jet in ‘Tuhao’ case still flying free

Thailand2 days ago

Thailand News Today | FIFA threatens to pull plug on World Cup broadcast rights in Thailand

Press Room2 days ago

Iconic chef “Alain DUCASSE” returns to Bangkok for 3rd anniversary celebrations of Blue by Alain Ducasse

Koh Samui2 days ago

VIDEO: Naked Russian man walks around with erection in Koh Samui

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending