Thailand’s Exports Reach a 30-Year High in March, Says Commerce Ministry

Exports in Thailand reached a 30-year high of US$28,859.6 million in March, the Ministry of Commerce reported on Tuesday. 

Commerce Minister Jurin Laksanawisit revealed that exports increased 19.5 percent year over year in March, the greatest level in three decades.

Meanwhile, imports have grown 18.0 percent to US$27,400.6 million, resulting in a US$1,459.1 million trade surplus.

In the first quarter of 2022, Thailand’s exports increased by 14.9 percent to US$73.601.4 million, while imports rose by 18.4 percent to US$74.545 million, leading to a trade deficit of US$944 million.