Thailand

Food & Beverages

27-07-2022

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

Thailand

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.