Thai exports fall again | The Daily Star
12:00 AM, March 19, 2009 / LAST MODIFIED: 12:00 AM, March 19, 2009

Thai exports fall again

Thai exports fell 11.3 percent year-on-year in February but there were signs of recovery in some areas, the commerce ministry said Wednesday.
The data was not as bad as January, when exports were down 26.5 percent due to weak demand caused by the global financial crisis, said the ministry's permanent secretary, Siripol Yodmuangcharoen.
But the figures, showing exports in February worth 11.74 billion dollars, still represented a continuing downward trend in nearly all sectors of the country's main source of revenue, he said.
"Our exports in February were still in the negative zone in nearly all categories as demand from our main and new markets slipped," Siripol told reporters.
"(But) an expansion of rice, rubber, shrimp as well as gems and jewellery exports helped improve export figures last month," he added.
It was the fourth consecutive month that Thai exports have fallen.
Import figures were also weak, down 40.3 percent from a year earlier at 8.16 billion dollars, representing a total trade surplus of 3.58 billion dollars.

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