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Financial News: Thailand Exports Fall Slows In April

Thailand Exports Fall Slows In April

05/22/2019 - 04:30:00 (RTTNews)

(RTTNews) - Thailand's exports fell at a slower rate in April, data from the Commerce Ministry showed on Wednesday.

Exports decreased 2.57 percent year-on-year in April, after a 4.88 percent decline in March. Economists had expected a 2.0 percent fall.

Imports fell 0.72 percent annually in April, after a 7.63 percent decline in the previous month. Economists had forecast a fall of 4.25 percent.

The trade balance registered a deficit of $1.46 billion in April versus a surplus of $2 billion in March. Economists had expected a deficit of $412 million.

In the January to April period, exports fell 1.86 percent and imports dropped 1.08 percent from a year ago.

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