Supply Chain Research

Thailand’s exports increased 9% on a year earlier in April, below economists’ expectations and slower than the 13% rise in imports. A slowdown in exports of auto-parts and textiles, which fell 2% and 3%, were to blame. Shipments by sea to the U.S. remained robust though, growing 10%, and highlighted two aspects of the longer term development of the Thai economy. Shipments of higher value-added products increased (eg tire exports expanded 79%) while raw materials contracted (natural rubber fell 33%). The expansion of overseas manufacturers was also seen, with three of the top five fastest...