Thai Exports Fall 3.5 Percent in January

A file photo from 09 October 2014 shows Thai rice farmer Boonrung Wongponkhin loading fresh picked rice onto a boat in Pattalung district in southern Thailand, 25 September 2014. Thai exports fell 3.5 per cent in January due to declines in agricultural, agro-industrial and mining and fuel products. EPA/ROONARIT BOONTHONG

BANGKOK (DPA) — Thai exports fell 3.5 per cent in January due to declines in agricultural, agro-industrial and mining and fuel products, officials said.

The value of exports shrank due to the drop in export values of farm petroleum-related products, refined crude, chemicals and plastic pellets, according to the Department of International Trade Promotion.

Exports to major trading partners like China, Japan, Malaysia and Indonesia also decreased.

The value of total exports dropped to 17.2 billion dollars compared with 17.8 billion in January 2014.

Total import value decreased 13.3 per cent to 17.7 billion dollars from 20.4 billion over the same time period.

 

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