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March exports set new high as global recovery boosts sentiment

Thai-made Deestone tyres seen at a government-sponsored trade promotion fair at Impact Muang Thong Thani in December last year. Rubber products were the biggest growth area of exports in March. (Bangkok Post file photo)

Exports in March rose 8.47% year-on-year, hitting a monthly record high in dollar terms as economic stimulus in the United States and vaccine rollouts bolstered hopes for global recovery, the Commerce Ministery said on Friday.

The ministry said exports in March totalled US$24.22 billion,up 8.47% year-on-year. The figures were a recond high for Thai shipments in dollar terms, it said.

Exports also increased, up 19.8% from February.

Rubber products championed exports, leaping 109% over the same period last year and rising for six consecutive months. Other key drivers were cars, auto parts,…

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