Exports drop 6.0% in Nov, slightly worse than forecast

Containers are stacking up at Khlong Toei port, Bangkok. (Photo: Port Authority of Thailand)

Thailand's exports dropped for a second straight month in November and by more than expected, due to a global slowdown and China's lockdown measures, the Commerce Ministry said on Tuesday.

Exports, a key driver of Thai growth, declined 6.0% in November from a year earlier, compared with a forecast fall of 5.2% year on year in a Reuters poll. That came after October's 4.4% drop.