Shipping containers are stacked at Laem Chabang deep-sea port in Chon Buri province. Apichart Jinakul
A Thai shipping group feels optimistic about the resilience of Thai exports despite a spate of challenges, forecasting the sector to contract 1% this year, improving from an earlier outlook of a 1.5% decline.
The group expects Thai outbound shipments to recover to 1-2% growth next year.
Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, said the council forecast exports to grow by up to 7% in the fourth quarter, putting the full-year tally at about -1%.
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