Thai Exports Beat Estimates to Expand 2.1% in September

Thailand’s exports in September saw stronger demand than expected as outbound shipment expanded 2.1% year-on-year, compared to a drop of 1.75% in a Reuters poll. Meanwhile, imports fell 8.3%, compared to 5.55% expected in a Reuters poll, according to data released by the Commerce Ministry.

Thailand recorded 2.1 billion dollars of trade surplus in September, much higher than 0.49 billion dollars expected by Reuters.

The ministry also saw exports surging in the final quarter of this year as well.