The commerce ministry in Thailand is forecasting a slow but steady improvement in the country’s exports in 2024, with a growth target set between 1% to 2%. This optimistic outlook comes after Thailand’s exports rose by 15.2% in July, exceeding the expectations of analysts. The increase in exports in July indicates a positive trend and suggests potential for continued growth in the coming months.
The recovery in Thailand’s export sector is a promising sign for the country’s economy, which has been impacted by the global pandemic. With the commerce ministry’s projections for further growth in the upcoming years, there is hope for a sustained economic recovery. As exports continue to increase, Thailand’s position in the global market is likely to improve, contributing to overall economic stability and prosperity.
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