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Thai Imports, Exports Rise in April; Trade Deficit Widens

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Thailand's trade balance recorded a widening deficit in April, as both exports and imports rose sharply year on year, the Ministry of Commerce disclosed on Monday.

Exports in April rose 19.07% annually to 1.022 trillion baht, while imports surged 40.25% to 1.363 trillion baht. This resulted in a trade deficit of 340.7 billion baht.

Cumulative exports from January to April increased 10.44% to 4.003 trillion baht, while imports rose 26.34% to 4.680 trillion baht. This led to a widening trade deficit of 677.2 billion baht, the data showed.

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