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Economic Indicators

Thai exports seen up 6-7% this year – Export-Import Bank

07/21/2022

Less than a minute

2022.07.21 07:22

Thai exports seen up 6-7% this year - Export-Import Bank
FILE PHOTO: A view of Bangkok’s port amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, June 21, 2020. REUTERS/Athit Perawongmetha

BANGKOK (Reuters) – Thailand’s exports are expected to rise 6% to 7% this year, the pace slowing in the second half amid higher inflation and freight rates, the Export-Import Bank of Thailand said on Thursday.

The bank’s index also pointed to a slower export growth rate, dragged by a global slowdown and supply chain issues, President Rak Vorrakitpokatorn said in a statement. Between January and May, exports rose 12.9% from a year earlier.

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07/21/2022

Less than a minute