Stacks of shipping containers at Klong Toey port in Bangkok. Arnun Chonmahatrakool
Thailand’s export growth is forecast to slow to just 0.2-4.8% next year, tallying US$262-275 billion.
Negative factors weighing on the sector include Omicron variant outbreaks, rising inflation among trading partners, and more stringent measures to contain Covid-19 infections in China.
Other challenges include container shortages and high freight rates, increasing world crude oil prices and potential supply chain disruption, according to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce (UTCC).
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