Thailand: Exports of hay in May grew by 41.59%, the highest in almost 11 years
Hay
Thailand
Published Jun 25, 2021
Tridge summary
Exports in May jumped 41.59%, the highest growth in nearly 11 years, resulting in a 5-month growth of 10% after key markets continued to recover. Confident for the year to grow more than 4%, indicating that the export target has not been adjusted.
Original content
Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce Revealed the situation of exports in May that was worth 23,057 million US dollars, an increase of 41.59% compared to the same month last year. This was the highest growth rate in nearly 11 years. Imports were valued at 22,261 million US dollars, up 63%, with a positive trade balance of 795 million US dollars. Overall, exports for the first 5 months (Jan.-May) were valued at 108,635 million US dollars, an increase of 10.78%, while imports were worth 107,141 million US dollars, an increase of 21.52%. Thai trade balance plus 1,494 million US dollars. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1594192916603-0'); }); However, Thai exports grew in line with the improving world economy. especially in key markets Whether it is the US, China, Japan and Europe markets that have continuously recovered. The recovery of the manufacturing sector has resulted in continued increases in demand for raw ...
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