Thai Exports Fall Short of Expectations with a 3.6% Rise in February

Thailand’s customs-based exports rose 3.6% in February from a year earlier, according to a report from the commerce ministry on Tuesday, which is below analysts’ expectations.

The reading compared with an estimate for a 4.4% year-on-year increase for February in a Reuters poll. Exports in January rose 10%.

Meanwhile, imports rose 3.2% year-on-year in February, higher than a 1.5% increase expected by Reuters poll.

Custom-cleared trade balance showed a deficit of 0.55 billion dollars.