Post by account_disabled on Dec 30, 2023 1:10:12 GMT -5
EXIM BANK points out that Thai exporters must enter new markets. Along with expanding investment in industrial development for the future To reduce the impact of the trade war and be competitive in the modern world. EXIM BANK points out that the value of world exports has contracted in 3 years, with the first 6 months of this year World exports decreased by 2.8% or 268 billion US dollars. Meanwhile, Thai exports shrank by 2.9% or 3.6 billion US dollars. This is partly a result of the US-China trade war.
This causes Thailand's trading C Level Executive List partners, mostly in Asia and Europe, to shrink their exports. coupled with the domestic economy slowing down Thai exporters should therefore accelerate the expansion of export markets to new countries or regions. that the economy is expanding and relies on exports to the United States And China, not so much. Including long-term planning to invest in the industry for the future. Make Thai products and services have added value and be competitive. without being affected by the protracted trade war or any new trade measures.
That may occur in the next period Mr. Phisit Seriwiwattana, Managing Director The Export-Import Bank of Thailand (EXIM BANK) revealed that the protracted US-China trade war contributed to the world's export value in the first half of 2019 shrinking for the first time in three years. The latest from the World Trade Organization (WTO) found that total world exports in the first 6 months of 2019 shrank by 2.8%, or export value decreased by approximately 268 billion US dollars, accounting for 0.3% of world GDP, while Thailand which relies on exports to the US market and China accounted for 11% and 12% respectively. They were affected by a 2.9% contraction in exports, or exports decreased by more than 3.6 billion US dollars in the first half of this year.
This causes Thailand's trading C Level Executive List partners, mostly in Asia and Europe, to shrink their exports. coupled with the domestic economy slowing down Thai exporters should therefore accelerate the expansion of export markets to new countries or regions. that the economy is expanding and relies on exports to the United States And China, not so much. Including long-term planning to invest in the industry for the future. Make Thai products and services have added value and be competitive. without being affected by the protracted trade war or any new trade measures.
That may occur in the next period Mr. Phisit Seriwiwattana, Managing Director The Export-Import Bank of Thailand (EXIM BANK) revealed that the protracted US-China trade war contributed to the world's export value in the first half of 2019 shrinking for the first time in three years. The latest from the World Trade Organization (WTO) found that total world exports in the first 6 months of 2019 shrank by 2.8%, or export value decreased by approximately 268 billion US dollars, accounting for 0.3% of world GDP, while Thailand which relies on exports to the US market and China accounted for 11% and 12% respectively. They were affected by a 2.9% contraction in exports, or exports decreased by more than 3.6 billion US dollars in the first half of this year.