Thai exports expected to exceed 4% gain this year

Thai exports could increase by more than 4% in 2025, according to Commerce Minister Pichai Naripthaphan.

- PHUSADEE ARUNMAS

During a recent meeting with representatives from both public agencies and the private sector, Mr Pichai discussed strategies to transform challenges into opportunities for export growth in the second half of the year.

He said he was confident that export growth will exceed the initial target of 2-3%, as the first four months of this year saw gains of 14%.

The ministry now anticipates growth of more than 4% this year, said Mr Pichai.

To enhance exports, the government wants to encourage producers to integrate more local content into their offerings.

Mr Pichai said the government had had discussions with Chinese diplomats on potential joint ventures and discussed the increased use of local content with US companies.