Overview
- Official data show exports fell 1.5% from September to $42.05 billion and imports dipped 1% to $39.45 billion, leaving a $2.6 billion monthly surplus.
- Sales to the United States eased to $13.4 billion from $13.7 billion in September, marking a third straight monthly decline after the 20% U.S. tariff took effect in August.
- Despite the monthly slowdown, exports were 17.5% higher than a year earlier and imports rose 16.8% year on year.
- Industrial production rose 10.8% from a year earlier and 2.4% from September, while retail sales increased 7.2% and consumer prices were up 3.25% year on year.
- For January to October, exports climbed 16.2% to $391.0 billion and imports rose 18.6% to $371.4 billion for a $19.6 billion surplus, with FDI inflows up 8.8% and pledged investment up 15.6%.