2010 March exports rose 41%

BANGKOK, 30 April 2010 (NNT) – The March 2010 exports have grown by 41% from the same period of last year to stand at 16.09 billion USD due to export boom and continuing global economic recovery.

According to the latest report by the Bank of Thailand (BoT), the country’s economy remains in good shape as clearly noticed from the high current account and foreign reserves. The current account in 2010 is recorded with a large surplus of 1.73 billion USD, and the country’s trade surplus stands at about 1.09 billion USD.

Meanwhile, the March imports have surged by 62% to a total of 15 billion USD in value. The increase mainly resulted from the expansion of imported products for consumption, investment and raw materials for production.