Thai exports expected to recover in second half

A shipping container is unloaded from a truck at the Laem Chabang Port in Chon Buri province.  Apichart Jinakul

The Commerce Ministry projects the country’s export sector to gradually recover in the latter part of the year as inflationary pressures and global supply chain issues align with energy price trends.

The rebound of the service and tourism sectors should also boost demand from trading partners, the ministry said.

However, global economic uncertainty and an inflationary environment will inevitably affect Thai exports in the first half of the year, according to a department chief.

“Thai outbound shipments are expected to contract in the first and second quarters, as importers still maintain large stockpiles,” said Phusit…

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