Exports down 5.83% in February

Comment: A sign of things to come? With news from Europe not improving at all, and the recent Cyprus rubbish continuing to damp business sentiment. I can’t see exports improving that strongly anymore.

Exports for February were down 5.83% on the same month last year, with a total value of US$17.92 billion, permanent secretary for commerce Watcharee Wimuktayon said on Thursday.

She said exports over the first two months of the year (Jan-Feb) rose from the same period last year by 4.09%, with total value of US$36.196 billion, while imports totalled US$43.24 billion, resulting in a trade deficit of US$7.04 billion.

Source: Bangkok Post

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