The government says 2013 export growth is unlikely to reach the target range of 7% to 7.5% after a marginal first-half performance.
Commerce Ministry figures released yesterday showed that exports in the first six months totalled US$113 billion, up just 0.95% year-on-year. In local-currency terms, shipments contracted by 3.7% to 3.34 trillion baht.
Imports for the period amounted to $129 billion, up by 4.3%, for a trade deficit of $15.8 billion.June exports fell by 3.4% year-on-year to $19.1 billion, down by 8.5% to 564 billion baht in the local currency.
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