News
Thailand’s export increases for 4th month in a row
Thailand’s export rose for a fourth consecutive month in November on the back of a consistent recovery in key trading partner markets, according to the Commerce Ministry.Shipment in the month increased by 4.9% to 23.48 billion USD, while import expanded 10.1% to 25.88 billion USD, ...
Thailand’s exports surge 4.9% in Nov, projected to cross pre-Covid levels in 2024
Thailand’s exports rose by 4.9% in November compared to the same period last year, marking the fourth consecutive month of growth, the Commerce Ministry said recently.Data shared by the ministry suggests a positive trend towards a return to pre-pandemic levels, with an estimated growth of ...
The Nation Reporter
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 ...
