Export forecast for 2019 goes sub-zero

[Cadbury]

1 hour ago, saengd said:

I wonder how different human rights are in the fishing industries of the two countries!

 

Dec 21, 2017 - Vietnam is pushing its fishing industry to clean up its act after a threat ... taking the issue, in November its parliament passed a new fisheries law ...https://www.ft.com/content/963c4aa8-e6c4-11e7-97e2-916d4fbac0da

Draw your own conclusions.

https://www.hrw.org/report/2018/01/23/hidden-chains/rights-abuses-and-forced-labor-thailands-fishing-industry

BTW the subject matter is about Thailand not Vietnam whose GDP growth rate is running close to 7%.  

[saengd]

3 minutes ago, Cadbury said:

Draw your own conclusions.

https://www.hrw.org/report/2018/01/23/hidden-chains/rights-abuses-and-forced-labor-thailands-fishing-industry

BTW the subject matter is about Thailand not Vietnam whose GDP growth rate is running close to 7%.  

I didn't see a contrast with anything, just a focus on what's wrong with Thailand's fishing industry! TBH I suspect there is very little difference between many of the countries, as the earlier link suggested, only government will and incentives/disincentives make the difference. 

[Almer]

4 hours ago, Creasy said:

I'm not an economist .

 

But, can someone please explain to me how Brexit affects Thailands export figures ?

I think the official line will be "a knock-on effect".

[Chongalulu]

The standard Thai official's thought process to answer any poor figures or situations is simply to 'expect it to get better ' without any reasoning or considered strategy as to how to address the cause. 

[Burma Bill]

As expected, Thai export products are currently too expensive! There are cheaper alternatives internationally such as rice, rubber, fish and sugar.

[CLS]

4 hours ago, Creasy said:

I'm not an economist .

 

But, can someone please explain to me how Brexit affects Thailands export figures ?

In Europe we learn to find the fault in ourselves first, before blaming others. Here it’s the other way round.

[overherebc]

3 hours ago, mikebell said:

The only growth in exports is in cheap dollars being STASHED AWAY OFF-SHORE.

I wonder if some are thinking that the same as '97 will happen again although it's unlikely.

Bring all those dollars back at 60+ as was done then.

[zydeco]

6 hours ago, Creasy said:

I'm not an economist .

 

But, can someone please explain to me how Brexit affects Thailands export figures ?

At least they didn't blame it on the Transit of Mercury.

[neeray]

6 hours ago, legend49 said:

But the situation is expected to improve next year, she said.

 

Where is the strategy or proof. The HUB of just talking.

Just talking !

it seems there is always next week, next month and next year. 

 

IT reminds me of working 3 day trade shows. 

Day one slow “maybe tomorrow”.

Day two slow “tomorrow will be better”.

Day three, oh oh, no more tomorrow !

[saengd]

4 hours ago, CLS said:

In Europe we learn to find the fault in ourselves first, before blaming others. Here it’s the other way round.

Wow, the perfect race!

[natway09]

The massive increases in exports over the last 20 years could not keep increasing at those levels anyway. Unsustainable  1.5 % decrease is nothing. The problem will be to maintain this years figures for

the next 4 

[Srikcir]

11 hours ago, webfact said:

But the situation is expected to improve next year

Increase exports of gold and jewelry?

Thus far the value of these products have been the only thing keeping total export value positive.

[Cadbury]

12 minutes ago, Srikcir said:

Increase exports of gold and jewelry?

Thus far the value of these products have been the only thing keeping total export value positive.

One of Thailand's lesser known exports which seems to do very well in it's own specialised area is high quality clock and watch parts. In 2018 Thailand exported US$250 million to Switzerland alone. Thanks mainly to Swiss company Ronda. 

https://www.ronda.ch/en/about-ronda-group/subsidiaries/ronda-co-ltd-thailand/