Thai exports seen up 9 percent this year, but trade war a risk - minister

 

FILE PHOTO: A tractor drives past at a rice drying yard at an export rice plant in the central Chainat province in Thailand, December 16, 2015. REUTERS/Jorge Silva/File Photo

 

BANGKOK (Reuters) - Thailand's exports are expected to increase 9 percent this year, more than earlier forecast, as the global economy continues to expand, though a trade war is a risk, the commerce minister said on Thursday.

 

Exports will definitely be higher than the previous target of 8 percent and "a 9 percent figure is most likely", Sontirat Sontijirawong told reporters.

 

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

 

-- © Copyright Reuters 2018-7-12

The photo - all the pigeons on the rice. Can this rice still be good for health?

Nine percent by volume or nine percent by value ?

It won't be 9% or anything like it if the decline in the value of the THB is any indication.

3 hours ago, IAMHERE said:

Nine percent by volume or nine percent by value ?

Article says:

19 hours ago, snoop1130 said:

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

Trading Economics says: From January to May 2018, outbound shipments rose by 11.55 percent compared to the same period the previous year. TE reports trade data in units of USD value.