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Thailand's imports rose 50.4% year-on-year in September, at a record pace, according to Bloomberg. The increase in supply is due to high energy prices and a boom in investments in the field of artificial intelligence and advanced electronics. The country's exports also grew by 24%, driven by a 66% jump in shipments of electronic components, but failed to offset import volumes. As a result, Thailand's trade deficit widened to $5.9 billion from $2.5 billion a month earlier.

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Thailand's imports rose 50.4% year-on-year in September, at a record pace, according to Bloomberg. The increase in supply is due to high energy prices and a boom in investments in the field of artificial intelligence and advanced electronics. The country's exports also grew by 24%, driven by a 66% jump in shipments of electronic components, but failed to offset import volumes. As a result, Thailand's trade deficit widened to $5.9 billion from $2.5 billion a month earlier.

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