HomeAsiaThai exports seen up 6-7% this year - Export-Import Bank

Thai exports seen up 6-7% this year – Export-Import Bank

BANGKOK (Reuters) – Thailand’s exports are expected to rise 6% to 7% this year, the pace slowing in the second half amid higher inflation and freight rates, the Export-Import Bank of Thailand said on Thursday.

The bank’s index also pointed to a slower export growth rate, dragged by a global slowdown and supply chain issues, President Rak Vorrakitpokatorn said in a statement. Between January and May, exports rose 12.9% from a year earlier.

(Reporting by Satawasin Staporncharnchai; Writing by Orathai Sriring; Editing by Kanupriya Kapoor)

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