Exports hit record high for March, Q1

Economy April 23, 2018 11:18

By The Nation

Thai exports hit a record high in March at US$22.363 billion, up 7.1 per cent from the same month last year, the Commerce Ministry reported on Monday.

The result boosted exports for the first quarter to a record $62.829 billion, up 11.3 per cent from Q1-2017 and representing a seven-year high. 

The trade surplus was $1.956 billion, the ministry said.

The value of baht exports in March was Bt697.074 billion, down 4 per cent from the same month last year, but for the first quarter hit Bt1.99 trillion, up 0.5 per cent. 

Export growth was greatest in India, the United States and other Southeast Asian countries, especially CLMV (Cambodia, Laos, Myanmar and Vietnam).

The products enjoying most growth were computers and accessories, finished oil, plastics and electronic chips.

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