Economic Indicators
Thai exports seen up 6% to 8% this year – shippers
2022.08.02 07:37
A view of Bangkok’s port along Chao Phraya River is photographed during sunset in Bangkok, Thailand, July 19, 2022. REUTERS/Athit Perawongmetha
BANGKOK (Reuters) – Thailand’s exports are expected to rise between 6% to 8% this year, compared with a previous forecast for a 5% to 8% increase, helped by a weak baht and increased global demand, the national shippers’ group said on Tuesday.
Exports, a key driver of growth, rose 12.7% in the first half of 2022 from a year ago and the momentum should continue into the second half, Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, told a news conference.