Commerce Ministry maintains export growth at 8-9%

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BANGKOK, 20 May 2013 – The Department of International Trade Promotion (DITP), Ministry of Commerce, has agreed to maintain Thailand’s export growth target for 2013 at 8-9 percent.

 

The decision was made at a recent meeting of commercial counselors stationed at Thai embassies in 62 countries. Speaking after the meeting, Ms Srirat Rastapana, Director General of the Department of International Trade Promotion commented that if no further adjustment was made to the target, the burden would rest on all the commercial counselors to push hard to keep the target met.

Ms Srirat said that at the meeting, the commercial counselors also discussed ways to penetrate those countries where economy has been slow but still opens a chance for Thai products to squeeze into their markets. At the same time, regular markets such as those in Europe, Japan, and the US, are still in focus. The director general said although the 3 markets are still volatile, their economy is picking up gradually. Besides, she viewed that Asian markets, particularly ASEAN, would provide good substitutes to markets with economic problems.