The Commerce Ministry plans to upgrade its export growth forecast to more than 4% after Thai export value in March recorded 8.47% growth, driven by intensive economic stimulus policies in trading countries, worldwide vaccinations and higher crude oil prices.
Thai exports were above US$20 billion for two consecutive months, with value in March rising to $24.2 billion, according to the Trade Policy and Strategy Office (TPSO).
“Thai exports are likely to grow more than 4% this year after the growth in the first quarter,” said TPSO chief Phusit Ratanakul Sereroengrit.
In the first quarter, Thai exports grew by 2.27% to $64.2 billion, while imports rose by 9.37% to $63.6 billion, resulting in a trade surplus of $516 million.
Exports from the real sector, excluding gold, oil and weaponry, soared by 12% in March and 7.61% in the first quarter.
Commerce Minister Jurin…
