Thailand's export growth slows but central bank sees limited impact from Red Sea attacks


BANGKOK: Thailand's November exports increased less than in October leading to a current account deficit, the central bank said on Thursday, forecasting a limited impact on trade from Houthi attacks on ships in the Red Sea.

Exports, a key driver of Thai growth, rose 3.9% in November from a year earlier, after October's 7% increase on the year, the Bank of Thailand (BOT) said in a statement.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , Central Bank , Exports , Slowing Down , Red Sea

Others Also Read