Shipment containers for export are seen at Laem Chabang port in Chon Buri province. (Photo: Apichart Jinakul)
Thai exporters are advised to shift their focus to regional markets such as Asean, China, the Middle East and India instead of the world market in the second half this year.
Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the Russia-Ukraine war is likely to be prolonged and power polarisation between the US and China is expected to broaden.
More importantly, he said the energy crisis and a sharp rise in the prices of agricultural raw materials and rare-earth elements is expected to continue this year, causing overall production costs in the manufacturing sector and product prices to…
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