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Thailand: Exports seen up 9% this year, but trade war a risk

  • Jul 13, 2018

Thailand’s exports are expected to increase 9% this year, more than earlier forecast, as the global economy continues to expand, though a trade war is a risk, Commerce Minister Sontirat Sontijirawong said on Thursday.

Exports will definitely be higher than the previous target of 8% and “a 9% figure is most likely”, the minister said.

Exports — a key driver of Southeast Asia’s second-largest economy — rose 11.55% in January-May from a year earlier. Shipments rose 9.9% in 2017.

Source: https://www.bangkokpost.com/business/news/1502218/exports-seen-up-9-this-year-but-trade-war-a-risk