Thai exports hit new high

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FE Team | Published: April 21, 2011 00:00:00 | Updated: February 01, 2018 00:00:00

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BANGKOK, Apr 20 (AFP): Thailand's exports jumped 30.9 per cent in March from a year earlier, hitting a new all-time high in a boost to the country's economic recovery, government figures showed Wednesday. The value of exports surged to $21.3 billion, up from $16.2 billion in the same month of 2010, helped by strong overseas demand for Thai products such as jewellery, plastic, rice and rubber, the Commerce Ministry said. The strong performance eased worries that Thai exports would suffer from the impact of the devastating March 11 earthquake and tsunami in Japan. Exports to mature markets including Europe, Japan and the United States increased 25.4 per cent, while shipments to dynamic markets such as South Korea, Hong Kong, Taiwan and South Asia soared 33.9 per cent.