The CDC estimates Thai exports this year to decline at -8%, better than expected.

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asked Oct 6, 2020 in 3D Segmentation by limited (860 points)

 

Ms. Kannaphak Tantipipattanaphong The chairman of the Thai National Shippers' Council (SorThorTor) or the Exporters Council estimated that Thai exports in the year 20 were less likely to shrink to -8% from the projected -10 to -8%, with a major positive ทางเข้าslotxo factor: global demand gradually recovered.
This can be seen from the economic index in many parts beginning to show a slight expansion, for example, the manufacturing manager index in the developed countries exceeds 50, indicating the recovery of production activities. And the number of export orders around the world that expanded for the fourth consecutive month resulted in the export of potential products to continue to expand, such as food products (premium rice, Canned Tuna), a work-at-home product (Electrical appliances) and disease prevention products (rubber gloves)

While the risk factors that are the main obstacles are

The purchasing power of consumers around the world is still weak.
The baht is still at a level of appreciation continuously.
International shipping problems
Drought problem
Foreign labor shortage
The SRT has important recommendations which are

Stabilize the exchange rate to be at 34 baht / dollar.
Solve the problem of insufficient foreign labor
Solving the problem of increasing freight rates and domestic service charges 4. Solve the problem of insufficient volume of freight and container to meet demand.

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