Exports seen up 1% this year, say shippers

A shipping vessel is docked at Laem Chabang port in Chon Buri province in the Eastern Economic Corridor (EEC). (Photo: Port Authority of Thailand)

Thailand's exports are likely to rise 1% in 2023 and should pick up later in the year, owing to a recovery in China's economy, the Thai National Shippers' Council (TNSC) said on Tuesday.

Exports, a key driver of Thai growth, were not as weak as expected in the first quarter and should improve in the remaining months of the year, council chairman Chaichan Chareonsuk told a news conference.