Thailand’s exports grew by 40.9 per cent year on year in March, the highest level in past 17 months, valued at over US$16.25 billion, according to Commerce Minister Porntiva Nakasai.
Exports in March grew for the fifth consecutive month as key exports, particularly farm and agro-industry products increased by 49.2 per cent.
All categories of industrial products also rose, except gold which dropped 57.3 per cent. Exports of electrical appliances, vehicles and electronics were up by 20 per cent.
Meanwhile, exports for the first quarter of 2010 totalled $44.38 billion, up 31.6 per cent compared to the same period last year.
Exports to key markets soared 50.1 per cent for five consecutive months while those to Thailand's new markets grew for seven consecutive months.
The new markets– particularly India, China, South Asia and Eastern Europe– rose by 20 per cent, the minister said.
Meanwhile, imports in March were valued at more than $15.09 billion year on year, up 59.7 per cent.
Bangkok 7th World Most connected city to China
Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.
While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)
Thailand’s Special Economic Zones (SEZ) and new opportunity connected
The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment
With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
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