Newsletter

Thailand’s Trade Conditions: November 2023 Analysis

The Ministry of Commerce announced the conditions of international trade in November 2023. Exports were sold at 23,479.7 million US dollars, expanding 4.9% of the market that is expected to grow by around 5%, leading to figures for the first 11 months of 2023, there were exports Value 261,770.3 million US dollars The average figure fell to 1.5% and it is certain that the whole year will be even less negative.

Meanwhile, imports in November 2023 were valued at 25,879.1 million US dollars, expanding by 10.1%, mainly due to the increase in the value of oil imports and capital goods imports. In the first 11 months, the import value was 267,935.5 million of US dollars. , a negative figure of 3.8%

As of November 2023, Thailand still had a trade deficit of 2,399.4 million US dollars and the first 11 months of the year had a trade deficit of 6,165.3 million US dollars.

#Trade #reveals #November #exports #continued #increase #resulting #negative #months