Exports to Asean gain 8%

TRADE

Published: 13 Aug 2012 at 00.00
Newspaper section: Business

Thailand saw export growth of 8% in the first half to Asean markets with a total value of US$28.625 billion (900 billion baht), with Malaysia the leader followed by Indonesia and Singapore.

Poom Sarapol, deputy commerce minister, said exports to Malaysia in the first half totalled $6.218 billion, up 2.7% year-on-year, while the largest expansion was to Cambodia at 46% or $1.95 billion.

The country exported $5.69 billion to Indonesia, up 11% y-o-y, while shipments to Singapore registered at $5.576 billion, up 1.8%. Shipments to the Philippines hit $2.437 billion, up 11%, while Myanmar reached $1.546 billion, up 15%.

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pointoffew
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Discussion 2 : 13 Aug 2012 at 13.592
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"Thailand's exports to Singapore slowed because of lower growth in Singapore as the euro-zone debt crisis had a knock-on effect." No, Thailand's exports to Singapore did not SLOW, they INCREASED, albeit by less than 2%.
The suggested logic in the quoted sentence doesn't make sense either; why would the exports slow, due to lower growth (is still growth, not recession) of the Singapore economy.
Phil's comment, "BKK exports" makes no sense at all. Automobiles and parts are mainly produced in Chon Buri, Rayong, perhaps Ayutthaya, machinery is produced in and exported from many provinces and agricultural products are not grown in BKK either.
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Phil

Discussion 1 : 13 Aug 2012 at 09.091
BKK exports
from iPhone application.
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Exports to Asean gain 8% | Bangkok Post: business