Thailand's shipping body said on Tuesday it had cut its 2019 export growth forecast for the second time in a month, from 3% to 1%, as global demand slows amid mounting trade protectionism.
Exports, a key driver of Southeast Asia's second-largest economy, declined 1.86% in January-April from a year earlier, customs data showed.
A global economic slowdown has affected consumers' purchasing power while a prolonged US-Sino trade dispute had disrupted supply chains, Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers' Council, said in a statement.
In May, the group cut its export growth estimate for this year from 5% to 3%, while the state planning agency lowered its forecast from 4.1% to 2.2%. Last year, Thai shipments rose 6.7%.