Thailand's Trade Deficit Surges, Exports Miss Forecasts

Thailands trade deficit surged to a record high in November, with exports missing forecasts and imports surging, driven by a stronger baht and increased demand for electronics, particularly AI-related products. The bahts strength, fueled by gold price rallies, has raised concerns about new taxes and trading curbs. Despite the challenges, exports are expected to grow modestly this year and next, with uncertainty looming due to tighter product origin rules and US-China tensions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.