Exports up 4.55% in March

TUESDAY, APRIL 23, 2013
Exports up 4.55% in March

Thailand's export shipment in March grew 4.55 per cent year on year to US$20.76 billion, as monetary easing in the US and Japan raised demand for Thai products.

 

The exports showed a growth despite stronger baht. 
Imports in March alone dropped 11.52 per cent to $21.63 billion. 
The Commerce Ministry's data showed that exports in the first quarter of this year rose slightly by 4.26 percent to $56.96 billion. 
Imports in the first quarter surged 8.44 percent to $64.87 billion. 
Thailand posted a total trade deficit of $7.91billion in the first quarter, including $867.1 million in March.
The Commerce Ministry has maintained its annualised export growth of 8-9 per cent, while the baht has appreciated by 6 per cent for US dollar so far this year.