Thailand’s exports surge in October 2017
Source: Vietnam News Agency(VAN) Time:2017-11-30 10:34:48
Thailand’s exports rose 13.1 percent from a year earlier to 20.1 billion USD in October 2017, recording the eighth straight month of increase, according to the Ministry of Commerce.
Illustrative photo (Source: themalaysianinsider.com)
The Government hopes the exports will expand by 10 percent at the end of this year.
In January-October, Thailand earned 195.5 billion USD from exports, representing a year-on-year rise of 9.7 percent.
In October, strong export growth was recorded in such major markets as Europe (up 28 percent), the US (up 11 percent), Japan (up 6 percent), China (up 17 percent), and India (up 39 percent).
Thai exports to CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, grew by 11 percent.
High growth was seen in rubber products, cassava, frozen and processed food, fruits, chemical products, automobile and spare parts, electronics, computers and components.
In October, Thailand imported 19.9 billion USD worth of goods, up 13.5 percent against the same period last year.