Economic growth could slow down in 2H: Thai central bank BOT (3)

17:05, July 21, 2010      

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Meanwhile, Thailand's export sector -- another main driving force for the country's economic growth -- is also expected to support the 2010 growth.

The Commerce Ministry has revised up its export growth forecast for 2010 from 14 percent to 19 percent year on year, or totally valuing at about 183 billion U.S. dollars, Commerce Minister Porntiva Nakasai said Wednesday.

Thailand's exports in the first six months (January-June), 2010, totaled 93.1 billion U.S. dollars, or a year-on-year hike of 36.6 percent.

Imports were up 51.7 percent year on year with a total value of 86.7 billion U.S dollars, leaving the country's trade surplus at 6. 4 billion U.S. dollars, she said.

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