Thailand’s exports up 12.7% in first half of 2022

A view of Bangkok's port along Chao Phraya River (Photo: Reuters)

Bangkok (VNA) – Thailand’s export shipments in June continued to risefor the 16th consecutive months in June, up 11.9% year on year to 26.5 billionUSD, the Thai Ministry of Commerce said on July 27.

In the first six months of 2022, shipments rose 12.7%year-on-year to 149 billion USD, already above the ministry's 4% export growthtarget for the year, Commerce Minister Jurin Laksanawisit said.

Export growth was driven by agricultural products and processedindustrial commodities.

Meanwhile, imports surged 24.5% in June to 28 billion USD,resulted in a deficit of 1.53 billion USD. The six-month import value went up21% to 155 billion USD.

The country’strade deficit stood at 6.26 billion USD for the first half of the year./.

VNA