Commerce Ministry sees possibility for 2020 export growth

Despite exports falling in February and the stampede of negative factors that have ensued, the Commerce Ministry still sees room for Thai export growth this year.

Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said Thailand is competent in the food and agricultural industries as well as essential goods, while electronic shipments can recover, which account for 14% of total exports. The weakening baht and massive government interventions around the world for both monetary and fiscal policies can reduce the economic impact of the outbreak and stabilise global trade, she said.

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Phusadee Arunmas