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Thai exports could be impacted from Russia-Ukraine conflict in coming months, analysts warn


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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.”

 

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Full story: https://www.thaienquirer.com/38935/thai-exports-could-be-impacted-from-russia-ukraine-conflict-in-coming-months-analysts-warn/

 

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-- © Copyright Thai Enquirer 2022-03-26

 

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