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Bangkok Post
Bangkok Post
Business

Trade takes another hit

Shipping vessels dock at the Port Authority of Thailand in Bangkok. According to the Thai National Shippers' Council, exports may turn positive starting this month.

The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.

The tepid performance has prompted many manufacturers dependent on sales to the US, Europe and Asia, notably those making furniture, machinery, steel and iron, and construction materials, to adjust their production plans.

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