# Thailand: Trade balance clings to surplus in June | snaps | ING THINK

> Thailand's trade surplus widened to $1.6bn in June from $1.2bn in May, beating the consensus forecast of $1.3bn. Exports grew 8.2% year-on-year and imports 10.8%, while the cumulative first-half surplus of $3.5bn has more than halved from a year earlier.

- Date: 2018-07-20 · published 2018-07-20T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64288-thailand-trade-balance-clings-to-surplus-in-june-snaps-ing-think
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A shrinking external surplus weakens the baht and reserves, which is macro news for Thai currency rather than a direct grain or feed driver, so the price implication for feed commodities is minimal.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/snaps/thailand-trade-balance-clings-to-surplus-in-june/

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