Shippers’ Council expects Thailand’s exports to rise by 10%-15% in 2021

[snoop1130]

 

BANGKOK (NNT) - The Thai National Shippers’ Council (TNSC) expects Thailand’s exports to rise by 10%-15% this year, following an export boom in April.

 

TNSC president Chaichan Chareonsuk said export prospects have improved, due to the global economic recovery, economic growth in major trading partners and healthy export demand for industrial products, such as automobiles, electrical appliances, equipment and parts and oil-related products.

 

He said, more importantly, vaccination rates keep climbing across much of the world, and urged the government to speed up inoculations among workers in the logistics and manufacturing sectors, especially those working at ports, airports or vulnerable gateways to the country.

 

Mr. Chaichan added that the government also needs to manage appropriate freight rates and supply labor to the manufacturing sector, as well as expedite its efforts to lower import costs for raw materials, such as steel, and limit logistics costs for raw material imports and exports.

 

-- © Copyright NNT 2021-06-03

 

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[holy cow cm]

Not if freight rates keep climbing. Already way over doubled to tripled for dry containers 

[hotchilli]

10%-15% rise from what figure previously taken when... quoting percentage increases always sounds good until you look at the real figures.

[jacko45k]

Just now, hotchilli said:

10%-15% rise from what figure previously taken when... quoting percentage increases always sounds good until you look at the real figures.

Yes my thoughts too... likely year on year so now carping on about figures increased relative to the depth of low last year as Covid was scaring the bejeebers out of the world.