EM Asia Datanote: Customs Trade, Thailand, April

• In one line: Finally, some clearer signs of China’s reopening pop.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EM Asia Datanote: Trade, India, April

• In one line: More worrying signs from imports.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EM Asia Datanote: Trade, India, February

• In one line: Increasingly reassuring trends at the margin.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EM Asia Datanote: Trade, India, January

• In one line: The drag from oil prices has run its course.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EM Asia Datanote: Trade, India, December

• In one line: Ignore the headline growth rates for December, but Q4 was grim in totality.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

29 Nov 2022 Emerging Asia Monitor Thailand's Shrinking Trade Deficit is Less Exciting than it Appears

Thailand’s customs trade deficit fell to just $597M in October, thanks to still-helpful seasonal effects...

...This masked an immediate reversal of the unsustainable bounce in exports in September.

Falling imports—in nominal and real terms—likely will drive the “improvement” in the trade balance.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

16 Nov 2022 Emerging Asia Monitor Indonesian Export Growth is Fast Losing Support Left and Right

• Indonesian export growth fell to a 20-month low of 12.3% in October, and more downside is ahead...
• ...The unwinding of the commodities boom is far from over, and Chinese demand is now softening.
• The rise in India’s trade deficit in October is a minor and brief setback; weak flows are the main issue.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EM Asia Datanote: Trade, India, October

• In one line: Just a seasonal jump in the deficit, but two-way trade is falling apart.

Miguel Chanco (Chief EM Asia Economist)Emerging Asia