Economy
Thailand’s March exports spike nearly 20% year on year

Last month, Thailand’s exports surged at an unexpectedly high rate, jumping by 19.5% when compared to the same time last year. A Reuters poll conducted in March had predicted the country’s exports would only rise by 2.4%. According to the Thai customs department data, 2 major products contributing to the export jump were gold, and electronics.
Gold exports in March were 11 times higher than last year, while shipments of hard disk drives rose 68% year-on-year. Passenger car exports increased 14%. The commerce ministry is planning to hold a briefing on the March trade data early next week.
Another product in Thailand, mango, also saw a surge in exports earlier this year. In the first 2 months of 2022, Thailand’s mango exports increased by $US11 million, up 15% compared to the same time last year. Last year, Thailand exported $93 million, or 3.1 billion baht worth of fresh mangoes to its Free Trade Agreement partner countries, according to the director-general of the Department of Trade Negotiations.
The director-general said this brought Thailand a 53% increase year on year. She said Thai mangos are popular because of their good quality, sweet taste and beautiful appearance. Also, Thai fresh mangos are available all year round in multiple varieties.
Thailand’s 28 FTA partner countries include China and Hong Kong, Japan, South Korea, Australia, New Zealand, India, Chile and Peru.
Last month, the value of Thailand’s exports was US$28.86 billion, while imports were also at an all-time high of US$27.40 billion in March.
SOURCE: The Star | Nation Thailand
Get more from The Thaiger
Join the conversation and have your say on Thailand news published on The Thaiger.
Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.
Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.
- Cambodia4 days ago
Stop plucking the endangered ‘penis plant’, urges Cambodian government
- Pattaya4 days ago
Thai woman complains after Pattaya laundry service overcharges for foreign BF – VIDEO
- Business3 days ago
Mixed fortunes for Thai Airways but nation’s flag carrier confident of financial take off
- Crime2 days ago
Danish man left suicidal after being raped for a week in Phuket
- Coronavirus (Covid-19)20 hours ago
BREAKING: Bars reopening in Thailand’s “Green” and “Blue” Zones, changes to Thailand Pass
- Education3 days ago
Why you should study Thai to explore Thailand
- Events4 days ago
“Eat Out with Marriott Bonvoy”: enjoy food discounts all the way
- Koh Samui4 days ago
Government says relaxed travel restrictions have led to tourism surge on Phuket, Samui
Recent comments: