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EIC: Thailand's exports recovery faster than expected


A view of the port of Bangkok, Thailand. - Reuters
BANGKOK, March 13 (Bernama): Thailand’s exports recovery is likely to continue in 2021 supported by improving global growth on the back of vaccination progress and stimulus packages especially in the United States, according to Economic Intelligence Centre (EIC).
EIC, a research house under Thailand’s Siam Commercial Bank (SCB) said Thai exports recovery is faster than expected, due to improving global growth.
However, sluggish foreign tourism is likely to continue, it said in a note today.
It said several countries’ exports over recent months suggested significant recovery.
Thai exports also followed the trend with export value in December last year and January this year reaching pre-COVID-19 levels. Looking forward, export recovery is likely to continue, ” it said. ....

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