Modest export growth or contraction likely

Quick Summary:

Thai exports are expected to post marginal growth or contract this year and next, largely due to the anticipated US tariff hikes set to commence in the second half of 2025.

However, if a 10% universal tariff is accompanied by a reciprocal tariff rate of 36%, starting from the same period, exports are expected to contract by 1.5%.

Krungthai Compass, the research arm of Krungthai Bank (KTB), also revised its export forecast for 2025 in line with the central bank's outlook.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Tariff Growth Year Impact Export Exports 2025 Krungthai Expected Thailand Thai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 05:47:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28500963

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 22 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 7 hours ago

Coverage Areas: Thailand

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News Language: English

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Publisher ID: #66

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