Thailand’s exports are predicted to experience a 1% increase in 2023, with a more significant improvement anticipated later in the year due to the recovery of China’s economy, according to the Thai National Shippers’ Council (TNSC). In a news conference, council chairman Chaichan Chareonsuk stated that although exports faced a downturn in the first quarter, a resurgence is predicted for the remaining months.
Chaichan Chareonsuk noted that the slower contraction of shipments expected in the second quarter is likely to improve during the second half of the year, with increased demand from key markets and China’s economic recovery being major driving factors. He expressed optimism for specific products such as food, agriculture, and vehicles, which are expected to continue performing well.
Furthermore, the chairman reported that the total…
