September’s exports up 3.4 percent to $19.4 billion

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Exports for the month of September jumped 3.4 percent to US$19.4 billion, representing the highest in two years and the second monthly growth in a row, said Ms Pimchanok Wornkhorporn, deputy director of the Office of Trade Policy and Strategy, on Wednesday.

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Imports in the same month increased 5.6 percent to US$16.9 billion, resulting in a trade surplus of $2.5 billion.

Overall, exports for the first nine months of the year amounted to $160 billion, down 0.7 percent compared to the same period last year.

Imports for the first nine months amounted to $142 billion, representing a 7 percent drop compared to the figures of the same period last year. For the first nine months, Thailand gained a trade surplus of $17.9 billion.

Expansion of manufacturing sector by 4.2 percent was the key factor contributing to export increase.