Pantheon Macroeconomics

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28th Nov 2022 07:29Emerging Asia, Daily Monitor

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.

deficit exports trade trade deficit

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Keywords for: 29 Nov 2022 Emerging Asia Monitor

deficit, exports, trade, trade deficit, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence