Thai Exports Grow 16% in February, Says Commerce Ministry

Thailand’s exports rose 16.2 percent to USD23,483 million in February, exceeding the ministry’s estimate of 10.0-11.0 percent growth, while imports up 16.8 percent to USD23,359 million, the Ministry of Commerce reported on Thursday.

As a result, the nation’s trade surplus was USD123.3 million.

For the first two months of 2022, export value expanded to USD44,741 million, an increase of 12.2 percent year-on-year. Meanwhile, imports totaled USD47,144 million, resulting in a USD2,403 million trade deficit.