# Tepid exports recovery add to Vietnam and Thailand’s currency woes | The Star

> Thailand's exports contracted 11% in March, below all forecasts in a Bloomberg survey. Vietnam's exports rose 10.6% in April, short of the 14% median estimate. The Vietnamese dong hit a historic low earlier in April, and the Thai baht was at a six-month low.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/31029-tepid-exports-recovery-add-to-vietnam-and-thailand-s-currency-woes-the-star
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weak export data reduces dollar inflows to Thailand and Vietnam, which can limit their FX reserves and keep local currency costs of imported feed high. This mainly affects regional import purchasing power.

## Sources

- thestar.com.my: https://www.thestar.com.my/aseanplus/aseanplus-news/2024/04/29/tepid-exports-recovery-add-to-vietnam-and-thailands-currency-woes

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.