Thailand's exports up 11.7% to US$20.3b in June

Thanks to foreign markets’ robust orders.

Thailand's exports for June 2017 rose by 11.7% to US$20.3b despite the firmer baht.

According to Maybank’s research reports, strong orders from markets in Japan, the US, and the EU climbed up by 26.5%, 8.2%, and 5.9%.

Moreso, exports rose by 7.8% YoY to US$114b for the half year.

Maybank analysts said, "To achieve the 5% growth, exports in Jul-Dec must hit at least US$18.7b a month. This looks achievable, as exports in the last 69 months averaged US$18.5b."

Photo from Evilarry at Wikimedia Commons.

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