Encouraged by the record-high $18.04 billion worth of exports in June, the Commerce Ministry has increased its export growth target this year to 19% from 14% earlier, according to minister Porntiva Nakasai.
Thailand exported $2.897 billion worth of farm products in June, up 33.3%, as the country continued to benefit from tariff reductions under the Asean Free Trade Area (Afta) pact.
Thailand’s export growth in June was the highest in the region, followed by China at 43.9%, Taiwan 34.1%, South Korea 30.1%, Singapore 28.3%and Vietnam 26.7%.