webfact Posted March 25, 2022 Share Posted March 25, 2022 By Panithan Onthaworn Thailand’s exports will likely be impacted by the Russian invasion of Ukraine from March, after February’s figures show no signs of decline in export value, analysts said on Friday. As Russia invaded Ukraine in late February, the Commerce Ministry reported a 16-percent uptick in exports of the month from a year earlier, marking the 12 month of growth in a row. Poonyawat Sreesing, a senior economist at the SCB Economic Intelligence Center (SCBEIC), expects that the Russia-Ukraine crisis will have an impact on Thai exports in March and April, “particularly exports to Europe.” Keep up to date with all things Thailand - Join our daily ASEAN NOW Thailand Newsletter - Click to subscribe Full story: https://www.thaienquirer.com/38935/thai-exports-could-be-impacted-from-russia-ukraine-conflict-in-coming-months-analysts-warn/ -- © Copyright Thai Enquirer 2022-03-26 - Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
Popular Post Soikhaonoiken Posted March 25, 2022 Popular Post Share Posted March 25, 2022 Something else to blame.. Or nothing to do with the strong Baht would it.... 4 Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted March 26, 2022 Popular Post Share Posted March 26, 2022 4 hours ago, webfact said: Poonyawat Sreesing, a senior economist at the SCB Economic Intelligence Center (SCBEIC), expects that the Russia-Ukraine crisis will have an impact on Thai exports in March and April, “particularly exports to Europe.” If Thailand continues to try an do business as usual with Russia they may well find Europe a tough market in future trade talks. 2 1 Link to comment Share on other sites More sharing options...
Popular Post Cake Monster Posted March 26, 2022 Popular Post Share Posted March 26, 2022 Thailand can expect to be hit from all sides due to the Russian Invasion of Ukraine. Exports are going to falter due to the cost of Raw materials and the strong Baht Agricultural prices are going to soar as fertilizer prices are going to massively increase , again due to the War The Country also relies heavily upon China, that has its own issues with a stalling Economy and Major Covid outbreaks now that are shutting down production Plants and entire Cities. 3 Link to comment Share on other sites More sharing options...
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