Exports seen rising more than 7% y/y in Q3

Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday.

Exports could grow 10% this year, the group told a briefing, citing vaccinations for factory workers as the main factor.

“It’s the vaccine that will help exports rise 10% this year. If that’s not managed well, manufacturing will be affected,” said Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council.

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