Q2 electronics recovery 'vital' for export sector | Bangkok Post: business

Business > Economics

Q2 electronics recovery 'vital' for export sector

The Electrical and Electronics Institute (EEI) is warning the industry faces a 5% drop in exports this year if it does not recover before the third quarter.

"The total value of our export market averages US$53 billion a year, and if we see a 5% decrease, then we'll lose $2.65 billion," said president Somboon Hotrakool.

Exports of electrical and electronic goods fell by 0.46% last year due to a decrease in exports of computer parts.

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columnist
Writer: Nanchanok Wongsamuth
Position: News Reporter

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