This represents the worst performance since April 2015, when the motor vehicle sales declined by 26.21% y/y
The most popular country for tourist arrivals in the top 6 ASEAN countries is Thailand (with Malaysia in second position). However, the same cannot be said for their YoY growth figures in comparison to the other countries.
Thailand’s trade balance has remained on a healthy course over the past two years in spite of the lower surplus trend recently. With regards to the latest data in August 2017, the exports of goods surged 13.23% year-over-year to 21.2 billion USD, while imports rose at a higher rate of 14.93% YoY to 19.1 billion USD resulting in a trade surplus of 2.09 billion USD after the country had recorded the trade deficit of 188 million USD back in July 2017.
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