Exports are expected to continue growing in February driven by the world’s economic recovery ignited by the Covid-19 vaccine distribution, but the stubbornly strong baht remains a key worry, according to a shippers’ organisation.
Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said exports, a key driver of the country’s economic growth, could fare better than 4% growth this year, as the overall global economy is on the road to recovery driven by the Covid-19 vaccine distribution among trading partners, especially in the US and China, and stimulus packages rolled out by many countries.
Global oil prices are in the uptrend, accordingly boosting the outbound shipments of products related to oil such as plastic pellets and chemicals, she said.
“Based on the latest export results in January, the growth is considered relatively high…
