Exports down 4.5% in OctoberRice farmers harvest in Surin province. The declining export of rice plays a part in the country's 4.5% export drop in October, according to the Commerce Ministry. Crude prices fell nearly 25%, resulting in a 35.4% decline in the value of refined oil exports and a 25.8% fall in the value of oil-related exports, she said on Thursday. In the first 10 months of this year, exports were valued at $207.3 billion, down by 2.3%. For next year, exports would continue to face high risks because the economic slowdown that was expanding to major trading partners of Thailand, low oil prices and the strong baht, Mrs Pimchanok said.

Source: Bangkok Post November 21, 2019 09:11 UTC