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Bangkok Post
Bangkok Post
Business

Exports may grow 5% amid Ukraine war

Khlong Toei port, Bangkok. (Photo: Nutthawat Wicheanbut)

Thai exports are expected to rise by 5% this year, compared with a previous forecast of 5% to 8% growth, due to uncertainty over the Russia-Ukraine war, the Thai National Shippers' Council (TNSC) reported on Tuesday.

According to TNSC's forecast, exports would increase by 8% in the first quarter from a year earlier and by 2% to 4% in the second quarter. In the whole of 2021, exports jumped 17.1%.

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