webfact Posted December 31, 2020 Share Posted December 31, 2020 Exports to grow 4% in 2021 BANGKOK (NNT) - The Department of International Trade Promotion (DITP) forecasts that exports in 2021 will gradually return to expansion mode, based on signs of economic recuperation globally and the distribution of a vaccine to protect people against COVID-19. DITP Director-General Somdet Susomboon, explained today that the office expects exports in 2021 will achieve 4 percent overall growth by the end of the year in line with projections by other public agencies and the private sector. Contributing factors include the recovering world economy and the International Monetary Fund’s (IMF) estimate that the world economy will expand 5.2 percent in 2021 from a contraction of 4.4% this year. Developing countries in Asia’s emerging market category, including China, India and five nations of ASEAN, are slated to recover fastest overall. The World Trade Organization’s prediction is 7.2 percent global economic expansion in 2021. All of these factors will benefit Thai exports. Other contributors to Thai trade include the delivery of anti COVID-19 vaccines, which should improve economic confidence and prompt consumption, economic stimulus in many nations and a hike in orders from trade partners. Exports related to COVID-19 such as food, hygiene products, home entertainment and work from home tools will continue their uptrend as a new wave of infections has recently hit several countries. -- © Copyright NNT 2021-01-01 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
daveAustin Posted December 31, 2020 Share Posted December 31, 2020 Where's the base point? 4% can mean anything. Think a poignant time for humans to dial back growth/expansion of tat into the world, eh what! Quote Other contributors to Thai trade include the delivery of anti COVID-19 vaccines lol 2 Link to comment Share on other sites More sharing options...
Popular Post ozz1 Posted January 1, 2021 Popular Post Share Posted January 1, 2021 the fortune tellers at work again while the baht strong exports will suffer 2 1 Link to comment Share on other sites More sharing options...
hotchilli Posted January 1, 2021 Share Posted January 1, 2021 8 hours ago, webfact said: Exports to grow 4% in 2021 Covid depending of course. 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted January 1, 2021 Share Posted January 1, 2021 Try relaxing the Baht 4% this year. That might help. 1 Link to comment Share on other sites More sharing options...
Lambou69 Posted January 1, 2021 Share Posted January 1, 2021 More bs me thinks! 2 Link to comment Share on other sites More sharing options...
metisdead Posted January 1, 2021 Share Posted January 1, 2021 A post with a trolling video has been removed. Link to comment Share on other sites More sharing options...
Golden Triangle Posted January 1, 2021 Share Posted January 1, 2021 Thailand, the (very) poor man of ASEAN Link to comment Share on other sites More sharing options...
Skeptic7 Posted January 1, 2021 Share Posted January 1, 2021 Not with those exchange rates! Link to comment Share on other sites More sharing options...
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