Oil Powers Thai Exports as Rice Shipments Slide — Panjiva
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Oil Powers Thai Exports as Rice Shipments Slide

Consumer Staples 804 Energy - Crude Oil 311 Energy - Refined Oil 203 Industrials - Capital Goods 619 Info Tech - Tech Hardware 861 Thailand 145 Trade Balance 935 U.S. 5398

Thai exports jumped 10% in November on a year earlier, well above the 2% expected by economists, as a result of a 6% increase in average oil prices. This will likely increase further in December with global oil prices 37% above the same period a year earlier. Exports to the U.S. increased just 5% as a decline in shipments of rice, down 1%, were offset by a 57% climb in oven and air conditioning equipment.

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