Exports up 15%, imports up 21% | Bangkok Post: breakingnews

Exports up 15%, imports up 21%

Published: 26 Nov 2012 at 14.02
Online news:

BANGKOK - Exports in October grew 15.57% year-on-year with a total value of US$19.524 billion, Export Promotion Department director-general Srirat Rastapana said on Monday.

EPA photo

Imports last month totalled $21.993 billion, up 21.61% on the same month last year, resulting in a total trade deficit of $2.469 billion.

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pointoffew
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Discussion 3 : 26 Nov 2012 at 19.323
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democrazy, it's far worth, the figures of this article don't add up. The total numbers given for the first 10 months are lower than for the month of October alone.
I never trust any "official Thai data". Many Thai media copy those data blindly, because they either lack the expertise, ambition or funds to verify their validity.
According to the more reliable FT, this year exports to Italy dropped 30%, to France and The Netherlands by 20%, while exports to Australia, South Africa, Cambodia and Laos are up by 10, 17, 42 and 35% respectively.
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democrazy
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Discussion 2 : 26 Nov 2012 at 15.402
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The most important number is misssing.
The trade deficit of $ 14.25 billion for the first 10 months in 2012 .
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pointoffew
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Discussion 1 : 26 Nov 2012 at 14.491
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"Initially, the Ministry of Commerce saw the export growth target for this year at 7.23%." That's not a white lie, it is a pure and simply black lie. Until quite recently, the Ministry maintained a 15% growth would be achieved. Call it what it is: propaganda, a lie.
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