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Thai exports rise 21.6% in July, beating forecast

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Thai exports rise 21.6% in July, beating forecast

The value of ​Thai exports rose 21.6% in July from a ​year earlier, the Ministry of Commerce said on Thursday, higher than analysts’ expectations.

Key facts

Summary

The July reading compared with a forecast rise of 17.75% in a Reuters poll and followed a 20.8% ​increase in ⁠the previous month.

Imports rose 36.7% in July from a year earlier, resulting in a trade deficit ⁠of $3.61 billion for July and bringing the seven-month total to a record $34.35 billion.

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