Business

Thailand's exports remain weak

Thailand 's economy has recovered but its exports have remained weak due to slow global recovery.
Thailand 's economy has recovered but its exports have remained weak due to slow global recovery.

The country’s exports fell 0.85 percent to 18.89 billion USD in Julyand 0.42 percent to 131.6 billion USD in the first seven months,according to the Commerce Ministry.

DeputyDirector-General of the International Trade Promotion DepartmentDuangkamol Jiambutr said the weak performance was due to lower export ofgold, fuel, and also some agricultural and industrial products, mainlyrubber and rubber products.

The slowdown in recoveryof global economy and China 's policy to rely less on internationaltrade also affected Thailand ’s exports, she said.

It is expected that exports from the country should return to normal in August as exporters give positive indications.-VNA
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