Sign up | Log in



Home  >>   Daily News  >>   Thailand  >> Economy  >> Thai exports shrink two years in row
NEW UPDATES Asean Affairs    29 January 2015  

Thai exports shrink two years in row

 Thailand's Department of International Trade Promotion reported that Thai exports shrank by 0.41 per cent in 2014 contracing for the second consecutive year.
The department hopes the value will rise by 4 per cent this year.
Nuntawan Sakuntanaga, director-general, said the export value in December amounted to US$18.79 billion, rising 1.90 per cent year-on-year, but could not create an export increase throughout the year.
In 2014, exports shrank 0.41 per cent compared with a 0.32 per cent contraction in 2013.
Ms Nuntawan said that exports grew well in December thanks to farm products, which increased by 0.8 per cent.
The export of rice was historically high at 1.4 million tons and soared by 113 per cent, while sugar exports increased 124 per cent.
The export of industrial products expanded by 4.5 per cent including automobiles, auto parts, machinery, plastic pellets and plastic products.
Throughout last year the export of farm products declined by 2.5 per cent while industrial products increased by 1.1 per cent.
Ms Nuntawan said although the International Monetary Fund expected slower economic growth in many countries, the Ministry of Commerce predicted Thai export would grow 4 per cent this year.
It is believed that the quantitative easing measure in the Eurozone that will inject 60 billion euros per month into the economic system would weaken the value of the euro currency immediately, boosting European economies, creatingmore jobs there and benefiting Thai exports.
She expects Thai exports to the Eurozone will expand by 3 per cent this year.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           January 29, 2015 Subsribe Now !
• Greenwave Systems Expands Innovation and R&D Capabilities With New Internet of Things Solution Centre in Singapore Subcribe: Asean Affairs Global Magazine
•Thai exports shrink two years in row
• MFI Sathapana to merge with Maruhan Japan Bank
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• AEC set to transform ASEAN into economic superpower
• Singapore faces challenges in growing talent for its economy: Researchers
Asean Analysis                    January 29, 2015

• Asean Analysis January 29, 2015
Deepen financial system to support infrastructure development
Advertise Your Brand

Asean Stock Watch    January  28,  2015
• Asean Stock Watch-January 28 , 2015
The Biweekly Update
• The Biweekly Update  January 23, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand