Thai exports for January up 10%, the highest in 19 months

According to Permanent Secretary of Commerce on Friday, Thai exports have risen for six straight months. He said that January’s export growth was the highest in 19 months, adding that exports to Thailand’s main markets grew in line with global economic recovery, such as 13.7% increase to the US market, 4.5% increase to Europe, 18.1% to the ASEAN market and a 16.6% increase to the CLMV group, comprising Cambodia, Laos, Myanmar and Vietnam.

He pointed out that the war in the Middle East is posing an obstacle for transport, resulting in an upward adjustment in shipping costs and further fluctuations in exchange rates saying the Commerce Ministry is closely monitoring the situation, especially the possible change of financial policy, which may have an impact on Thai exports.