Average export growth during January-November hit 28%, with shipments to the US rising over 30%. Much of this impressive expansion stemmed from front-loading of major orders in the second quarter ahead of tariff imposition.
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
According to Vietcombank Securities (VCBS), in April and May, container volume rose 13% year-on-year, with Cai Mep-Thi Vai ports up 22%, Lach Huyen up 32% and Ho Chi Minh City ports up 8%.