Thailand's trade deficit isn't transitory

A worker rests at a durian processing facility in Pathum Thani province. The factory focuses on exporting durian to China. (Photo: Pongpat Wongyala)

This article is intended to rebuke the Bank of Thailand (BoT) and those who believe Thailand's trade deficits are "transitory" and will return to a surplus once oil prices fall back to normal levels.

This article is intended to rebuke the Bank of Thailand (BoT) and those who believe Thailand’s trade deficits are “transitory” and will return to a surplus once oil prices fall back to normal levels.