Thai exports miss 5% increase target
- Published: 23/01/2013 at 03:57 PM
- Online news:
Thailand's export value was US$229.52 billion in 2012, an increase of 3.12% from the previous year, Srirat Rastapana, director general of the Exports Promotion Department at the Ministry of Commerce, said on Wednesday.
The exports were short of the set target of 5% due to the impact of the global financial crisis and economic slowdown, she said.
The import value for last year was up 8.22% from 2011 to US$247.59 billion, posting a total trade deficit of US$18.07 billion, she added.
Mrs Srirat said the export value for Dec 2012 was US$18.11 billion, up 13.45% on Dec, 2011, while the import value stood at US$20.47 billion, resulting in a trade deficit of US$2.36 billion.
About the author
- Writer: Online Reporters
Position: Online Reporters