Thai exports rise for 3 consecutive months
Thai exports rise for 3 consecutive months
Praj Kiatpongsan
19 Febuary 2010
BANGKOK, 19 February 2010 (NNT) – The Commerce Ministry reported that Thailand’s export value has risen for three consecutive months with a 30.8% increase. It hoped to see a 17% growth in total value in the first quarter of 2010.
The data showed that in January 2010, the country’s exports enjoyed a 30.8% growth with total value of 13,723 million dollars, and the exports in Baht totaled 453,422 million baht, a 26% growth. Thai import value increased 44.8%. The country’s trade surplus stood at 526 million dollars.
The export of lucrative products has improved consistently in every item, especially agricultural products and industrial agricultural products which grew 46.2%, and industrial products which had a 27.8% increase. The main and emerging markets with high growth rates include India, Taiwan, China and Indonesia with a rate of 141.7%, 96%, 94.2% and 94% respectively.
Commerce Minister, Porntiva Nakasai, expected that the export sector could enjoy further growth in next few months, prompting the first quarter’s total export to grow by 17%. The whole year’s export growth rate will stand at 14% with a total value of 173,800 million dollars.
She confirmed that the 15% Dong depreciation would not adversely affect the sector since Thailand had been strong in product quality and Thai entrepreneurs had good senses of timeliness and responsibility.
thainews.prd.go.th
