Exports seen up 9% this year, but trade war a risk

Exports seen up 9% this year, but trade war a risk

Thailand's exports could reach 9% this year, according to Commerce Minister Sontirat Sontijirawong. (Bangkok Post photo)
Thailand's exports could reach 9% this year, according to Commerce Minister Sontirat Sontijirawong. (Bangkok Post photo)

Thailand's exports are expected to increase 9% this year, more than earlier forecast, as the global economy continues to expand, though a trade war is a risk, Commerce Minister Sontirat Sontijirawong said on Thursday.

Exports will definitely be higher than the previous target of 8% and "a 9% figure is most likely", the minister said.

Exports -- a key driver of Southeast Asia's second-largest economy -- rose 11.55% in January-May from a year earlier. Shipments rose 9.9% in 2017.


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