Display mode (Doesn't show in master page preview)

29 Apr 2024

Thai Economy

Thai exports for March 2024 contracted for the first time in eight years because of the high base of the previous year. (Business Brief No.4057)

คะแนนเฉลี่ย
  • Thai exports for March 2024 contracted by 10.9 percent YoY due mainly to the high base of the previous year. Excluding gold, Thai shipment shrank by 7.1 percent YoY.
  • Exports of several key industrial products contracted in March 2024, as well, including HDDs. Shipments to most of Thailand’s major trading partners contracted, with the exception of the US.
  • In 2024, it is expected that the overall Thai exports will recover at a slow rate  compared to many countries in the region, due partly to structural problems. KResearch maintains our growth projection for Thai exports in 2024 at 2.0 percent.

Thai Economy