BANGKOK, 12 January 2015 (NNT) - The overall situation of Thai exports in 2015 is expected to expand by 3.1% or 234,745 million USD compared to 2014 thanks to the world's economic recovery trend.
the future is still not so rosy bright due to the market shrink of Thai exports to Europe, Japan and China.
Mr.Ath says America is expected to be the top client of Thailand’s exports in 2015 while orders from European market are likely to plunge to only -0.3% or 21,280 million USD which might be the first major shrink in three years’ time, resulted from the dismissal of Thailand from the list of countries with GSP benefits by the European Union and the strength of Thai baht from January 2014 until the
However, Thailand hopes its exports to ASEAN market will expand by 4.5% in 2015 especially in Cambodia, Laos, Myanmar and Vietnam thanks to the high economic growth prospects in those countries in 2015. A similar trend is expected for Thai exports to India whose economy is predicted to rise 6.4% in 2015 from 5.6% in 2014 owing to the government’s economic policy to reduce trade and investment barriers. Meanwhile, the Chinese market remains stagnant in the wake of China’s decreased economic expansion and economic structural reform. - See more at: http://thainews.prd.go.th/CenterWeb/NewsEN/NewsDetail?NT01_NewsID=WNFOR5801130010001#sthash.qwJl7SHG.dpuf