Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.
The slower pace of export growth in July was mainly attributed to a decrease in fruit shipments, a semiconductor shortage that affected production in related sectors, and lockdown measures in some major Chinese cities that interrupted production and lengthened delivery time.
