Thailand’s export growth accelerated to 9% on a year earlier in January compared to 6% in December. That was slightly less than the 10% expected by economists. The expansion of imports slowed to 5% from 10%, which may mean export growth may slow again in February. One area of weakness is exports to the U.S., its largest trade partner. Seaborne shipments grew by just 2%, the slowest since January, due to a 14% drop home appliance exports. Long term growth will more likely come from Asia than the U.S., especially if the RCEP trade deal makes progress.