The Thai Chamber of Commerce (TCC) has forcast that the country’s exports in the last quarter of 2013 will grow at least 4 percent, saying food exports will make the highest jump.
However, TCC Chairman Isara Wongkusolkit revealed that despite an expected increase in exports in the last quarter, the overall growth in the entire 2013 will be only at 3 percent.
He went on to say that the country’s exports next year will grow beyond 5 percent, while food products will still be the main drive for the export sector as food exports will expand in the range of 5-7 percent.
The chairman also cited some obstacles that could negatively influence the export industry, saying the volatility of the Thai currency and the political uncertainty could wreck the investors’ confidence.-VNA
However, TCC Chairman Isara Wongkusolkit revealed that despite an expected increase in exports in the last quarter, the overall growth in the entire 2013 will be only at 3 percent.
He went on to say that the country’s exports next year will grow beyond 5 percent, while food products will still be the main drive for the export sector as food exports will expand in the range of 5-7 percent.
The chairman also cited some obstacles that could negatively influence the export industry, saying the volatility of the Thai currency and the political uncertainty could wreck the investors’ confidence.-VNA
