ID :
46515
Thu, 02/19/2009 - 20:54
Auther :

Thai exports in January drop 26.5%

BANGKOK, Feb 19 (TNA) - Battered by global economic recession, Thailand’s exports for January were valued at only US$10.496 billion, down 26.5 per cent from the corresponding period of last year and the biggest drop since the Asian financial crisis which shook the kingdom in 1997, a senior government official announced on Thursday.

Siripol Yodmuangcharoen, permanent secretary for Commerce, said the value of imports in January totaled about US$9.119 billion, a decline of 37.6 per cent from a year ago.

In January, the country enjoyed a trade surplus of US$1.377 billion.

Thailand’s major exports which dropped sharply last month were agricutural products which fell 25.6 per cent, key industrial goods 25 per cent and others 34.6 per cent.

It is expected that Thailand’s exports during the first half of 2009 would not be bright due to the prevailing world economic meltdown.

In an effort to boost exports, commercial attaches abroad will gather in Bangkok for a meeting between February 25-26.

Commerce Minister Pornthiva Nakasai will join them at the meetng on the last day to help evaluate the exports situation and to present them the ministry’s policy, said Mr. Siripol.

Thailand's export growth target this year, according to the government, is set at between 0-3 per cent and it is believed that Thailand’s exports should improve as the world economy is expected to rebound during the second half of the year, he said. (TNA)




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