Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.
Exports, a key driver of growth, could perform better than expected on vaccine developments and if the government provides more support, Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council, told a briefing.
“Last year’s exports were quite satisfactory, declining less than expected, at 6%, suggesting an economic recovery in some countries,” she said. “So we think the trade picture this year should not be worse”.
However, exports might not be good in the first quarter due to a container shortage and the strength…