Thailand’s exports surge in October 2017

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.
Thailand’s exports surge in October 2017 ảnh 1Illustrative photo (Source: themalaysianinsider.com)

Bangkok (VNA) – Thailand’s exportsrose 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 ofCommerce.

The Government hopes the exports will expand by10 percent at the end of this year.

In January-October, Thailand earned 195.5billion USD from exports, representing a year-on-year rise of 9.7 percent.

In October, strong export growth was recorded insuch major markets as Europe (up 28 percent), the US (up 11 percent), Japan (up6 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 andspare parts, electronics, computers and components.

In October, Thailand imported 19.9 billion USDworth of goods, up 13.5 percent against the same period last year.-VNA 
VNA

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