June exports fell 0.3 percent from a year earlier, missing analysts' expectations of a 2.6-percent increase in a Reuters poll.
BANGKOK ― Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the commerce ministry said on Friday, adding that it still expected exports to grow overall in 2024.June exports fell 0.3 percent from a year earlier, missing analysts' expectations of a 2.6-percent increase in a Reuters poll.Exports had risen 7.2 percent in May from a year earlier.Exports are a key driver of Southeast Asia's second-largest economy.
0 percent from the same period in 2023, while imports rose 3.0 percent with the first-half trade deficit at $5.24 billion.The ministry expects growth in exports in July, and maintained its export growth target for the year at 1 percent to 2 percent.
Exports Fall For First Time In Months
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