Thailand Exports Grew Slower of 9.5 Percent This Month

The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate of 11.44 percent in the previous month, according to the survey of Reuters.

Imports for this months is expected to rise to 14.27 percent last year compared to the 11.72 percent in May. The recorded trade forecast of the country is $1.28 billion in June after the surplus of $1.28 billion in June.

The main driver of Thailand growth is exporting goods, assumed to grow by 9 percent this year but with the risk of a trade war, according to the Commerce Minister Sontirat Sontijirawong in the previous week.