Thailand’s trade balance swung sharply from a surplus of $320 million to a deficit of $1.96 billion. This marks a significant decline in the trade position, with the actual result showing a $2.28 billion decrease compared to the previous period.
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The actual trade balance figure was far below the analyst estimate of a $680 million surplus, indicating a substantial miss. This unexpected deficit is likely to pressure export-oriented sectors and could dampen investor sentiment in the short term. The broader market impact may hinge on whether this signals a temporary disruption or a longer-term shift in trade dynamics.