Exporters concerned that political uncertainty will impair buyers’ confidence

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BANGKOK, 1 April 2014  – The Thai National Shippers Council (TNSC) is concerned that the country’s export will not reach its projected growth target due to the ongoing political conflict. 

Nopporn Thepsithar, Chairman of the Thai National Shippers Council (TNSC), revealed that Thailand’s exports in February represented a 2.43 percent increase and that the export value was at 18 billion US dollars. Due to the positive figure, he said the TNSC would maintain this year’s export growth target at 5 percent.

However, he said the exporters are concerned that the 5 percent growth target cannot be achieved as a result of the country’s prolonged political conflict.

The chairman also suggested possible solutions by recommending the government to focus more on border-trade with neighboring countries, adding that such a move would have a long-term positive effect on the export sector.

He also mentioned some risks that Thai exporters could be facing such as declining investments and imports.