Thai export growth misses forecast in Dec, small rise seen in 2024


Tourists take pictures at Wat Arun Buddhist temple in Bangkok - AFP

BANGKOK: Thailand's exports rose for a fifth straight month in December but at a slower pace and less than analysts' forecasts, and the commerce ministry said on Friday that it expected small export growth in 2024 after a slight drop last year.

Customs-based exports rose 4.7% in December from a year earlier, compared with a forecast for a 6.0% year-on-year increase in a Reuters poll, and following November's 4.9% rise.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , export

Next In Business News

Doubts over Viet reform drive
Leadership exodus tests Malaysia’s digital banks
Capitalising on the tourism momentum
South African beauty market gets makeover
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Chinese tea chains pour into US
Blazing a trail for fire safety
Turning footfall into higher profits
Bond buys fall flat

Others Also Read