Vietnamplus

Thailand's exports are forecast to grow by 5 percent this year, at the low end of a previous prediction of 5-8 percent growth, said the Thai National Shippers' Council (TNSC).

The Thai National Shippers’ Council (TNSC) on March 1 said the country’s exports could be severely affected if the conflict in Ukraine prolongs or escalates, expressing its hope for a quick end to the war.

The COVID-19 crisis has resulted in a serious labour shortage in factories, and hard hit Thailand’s exports, its main economic engine, according to CEOs surveyed by the Federation of Thai Industries (FTI).

On the back of an export boom in April, the Thai National Shippers' Council (TNSC) feels upbeat that the country's exports could rise by 10 – 15 percent this year.

The Thai National Shippers Council (TNSC) remains optimistic about Thailand’s export recovery this year despite the new wave of COVID-19 infections is expected to further affect the export sector.

The Thai National Shippers' Council (TNSC) on August 12 asked the Bank of Thailand to seek ways to relieve pressure on exports as the baht continues to strengthen.

Thailand’s exports are expected to drop 10 percent this year, deeper than the previous forecast of 8 percent, according to the Thai National Shippers' Council (TNSC).

Despite the easing of lockdown measures and higher demand in several export categories, Thailand's shipments are still forecast to contract by 8 percent this year, according to the Thai National Shippers' Council (TNSC).

Despite the weakening baht, the Thai National Shippers’ Council (TNSC) expects export value of the country to contract by at least 8 percent in 2020, with a possibility of double digit contraction looming.

The Thai National Shippers' Council (TNSC) forecast the country’s outbound shipments to drop as much as 5 percent this year, local media reported.

Thailand’s exporters are estimated to lose as much as 500 billion baht (nearly 17 billion USD) worth of income from the strong baht this year, with small-scale entrepreneurs hit the hardest, according to Visit Limlurcha, Vice Chairman of the Thai National Shippers' Council (TNSC).

Thailand’s export growth is forecast to reach 5-7 percent in 2019, said the Thai National Shippers’ Council (TNSC).

The Thai National Shippers’ Council has forecast export growth this year at between 8 and 9 percent, after June exports grew in almost every market and there was a smaller-than-expected impact from recent trade barriers.

Thai exporters have asked the Government and the Bank of Thailand (BoT) to find ways to curb the baht’s rapid gains to maintain the country’s competitiveness in export.

The Thai National Shippers’ Council (TNSC) believes the export sector could have expanded by no less than 10 percent in 2017 and forecast a 5.5 percent growth in 2018.