Bangkok (VNA) – Thailand's export value hit arecord high of 287 billion USD in 2022, up 5.5% annually, according to a statementby the local commerce ministry.
In December, the exports contracted 14.6% from a yearearlier, as the global economy slowed.
Among Thailand’s major markets in the same month, the shipmentsto the US and Southeast Asia dropped 3.9% and 19% year-on-year, respectively.Exports to China also fell 20.8% from a year earlier, the ministry said.
Meanwhile, December imports decreased by 12% from a yearearlier. Many imports will be used for producing goods for export again.In 2022, the country’s import value rose 13.6%, with a trade deficit of 16.1billion USD./.
In December, the exports contracted 14.6% from a yearearlier, as the global economy slowed.
Among Thailand’s major markets in the same month, the shipmentsto the US and Southeast Asia dropped 3.9% and 19% year-on-year, respectively.Exports to China also fell 20.8% from a year earlier, the ministry said.
Meanwhile, December imports decreased by 12% from a yearearlier. Many imports will be used for producing goods for export again.In 2022, the country’s import value rose 13.6%, with a trade deficit of 16.1billion USD./.
VNA
