Nov exports top forecast, seen up 15-16% this year

Thailand’s exports rose more than expected in November from a year earlier, helped by stronger global demand and a relatively weak baht, and full-2021 growth could be the highest in more than a decade, the Commerce Ministry said on Monday.

Exports, a key driver of the country’s growth, increased 24.7% in November from a year earlier, beating a forecast for a rise of 18.0% in a Reuters poll, and against October’s 17.4% rise.

Shipments rose 16.4% in January-November from a year earlier, the ministry said.

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