27 Apr 2022
Trading
The Carbon Border Adjustment Mechanism (CBAM) is one of the key elements of the ‘Fit for 55’ package under the European Green Deal, which sets out a clear path towards realizing the EU’s target of a 55 percent reduction in carbon emissions compared to 1990 levels by 2030 and to become a net-zero co... Read more
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24 Mar 2022
China, the US and European Union (EU), which are Thailand’s key trade partners, have announced their net-zero commitments while also implementing various environmental measures to achieve these targets, as follows:... Read more
26 Oct 2021
In September 2021, Thai exports soared 17.1 percent, against the 8.9 percent reported for August 2021, supported by several factors. These include improving COVID-19 situations and economic conditions in many countries, thanks to their higher inoculation rates, plus the depreciating Baht. Additional... Read more
27 Sep 2021
In August 2021, the COVID-19 situation in many Asian countries became much worse due to the highly contagious Delta variant. As a result, their economic activity and manufacturing sectors were adversely affected, thus pressuring their export performances. Thailand’s exports were not spared by that i... Read more
23 Aug 2021
In July 2021, Thai exports maintained strong growth at 20.27 percent YoY, the highest level in 11 years and higher than the market forecast of 19.7 percent YoY. Export growth during the first seven months of 2021 was equal to 16.2 percent, ... Read more
23 Jul 2021
In June 2021, Thai exports hit its highest level in 11 years with robust growth of 43.82 percent YoY, above market expectations of 38.1-percent growth. While Thai exports in 1H21 grew 15.53 percent YoY, the level was not high in comparison to the export growth of regional rivals, which generally gre... Read more
24 Jun 2021
Thai exports in May 2021 reached an 11-year high with growth of 41.59 percent YoY. Excluding oil-related products, gold, weaponry and military supplies, May’s overall exports grew 45.87 percent YoY. For the first five months of 2021, exports rose 10.78 percent YoY. However, export growth during this... Read more
25 May 2021
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25 Mar 2021
The global economy is projected to recover at a faster rate than prior estimate during 2021. Due to the progress on COVID-19 vaccine rollouts and growth seen in the US economy, buoyed by its massive economic stimulus package, the global economy is set to rebound to its pre-pandemic levels in 2021, a... Read more
19 Mar 2021
Thailand’s latest export figure in January 2021 grew at a mere 0.3 percent YoY. Excluding gold, exports rose by 6.3 percent YoY, which reflected the recovery of Thailand’s trading partners, thanks to the commencement of COVID-19 vaccinations which have started to rejuvenate global economic activity,... Read more
23 Feb 2021
Thailand’s outward trade posted steady growth over-month in January 2021 as the global economy began to recover. Excluding gold, Thai exports increased 6.3 percent, suggesting stronger demand for Thai products abroad, in particular automotive accessories, which surged 18.8 percent YoY, against the 0... Read more