Thailand’s exports expected to contract this year, says shippers' council

The Thai National Shippers’ Council has predicted that Thailand’s exports this year would contract 1.5% year on year.Council chief Chaicharn Charoensuk said although Thailand’s exports had started to see a brighter trend, its growth would remain negative because of the contraction earlier in the year.He ...

The Nation Reporter

China's economic woes threaten struggling Thai exports: Arkhom

China’s economic downturn is likely to impact already struggling Thai exports and the anticipated influx of foreign visitors this year, Finance Minister Arkhom Termpittayapaisith said on Tuesday.China’s economy is expanding more slowly than many agencies had predicted, Arkhom noted. He added that despite the Fiscal ...

The Nation Reporter

How prolonged El Niño will affect Thai agricultural, aquatic, and fruit exports

A prolonged El Niño lasting into mid-2024 is expected to impact agricultural, aquatic, and fruit products, resulting in reduced exports from Thailand.On Tuesday, the United Nations announced the arrival of El Niño, which is characterised by increased heat worldwide and drought conditions in some areas. ...

The Nation Reporter

Economy strong despite weak exports, baht supportive - Finance Minister

Thailand’s economy remains strong, despite weaker shipments, though the weaker baht currency will be supportive of exports this year, Finance Minister Arkhom Termpittayapaisith said on Friday. The weaker baht compared with last year could for the full year 2023 help exports to either grow, or fall ...

April export value falls 7.6%

The dollar value of Thai exports fell for a seventh straight month in April, down 7.6% from a year earlier, the Ministry of Commerce said on Tuesday, as global demand remained slow. The decline was far more than the 2% fall forecast in a Reuters ...

Bangkok Post Reporter

Thailand’s exports down for fourth consecutive month

The value of exports, the main driver of Thailand’s growth, dipped for the fourth month in a row in January due to slowing global demand, according to the Ministry of Commerce.The ministry on March 2 cited data from the Thai Customs Department, saying that the ...

Shippers keep faith in 5-8% growth view

A group of Thai exporters remains bullish on the country’s prospects this year, despite slower growth in April.Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the council believes 5-8% growth for the country’s export sector is still achievable, with key drivers including ...

Bangkok Post Reporter

Thai Feb exports rise 16.2per cent y/y, beat forecast

Thailand’s exports rose by a more than expected 16.2per cent in February from a year earlier on improved global demand while the Russia-Ukraine war had yet to affect trade, the commerce minister said on Thursday.That compares with a forecast for a rise of 10.2per cent ...

Thai agricultural products enjoying export growth spurt

Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...

The Nation Reporter

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 ...

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