Thai exports and imports climb in Nov
The data also showed a yearly increase of 3% in the country’s imports in November. The rise in the percentage of imports also beat the estimates of a drop of 1.05%.
The country’s exports and imports in January-November period, however, dropped by 0.05% and 5.1% respectively.
Among the markets Thailand posted the biggest growth was Japan (22.5%) followed by China (22%) and Europe (13.8%).
The Bank of Thailand estimated a decrease of 0.6% in exports in 2016 while it forecast a GDP growth of 3.2% for 2016 and 2017 after it expanded by 2.8% in 2015.
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