Thursday, 17 October 2013

Thailand Shipping Report Q4 2013

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Thailand Shipping Report Q4 2013
Oct 16th 2013, 00:00

Price: $ 1295  

BMI View: Thai port and shipping growth will be broadly in line with the pace of GDP and foreign trade growth. According to our forecasts in 2013 GDP will grow by 4.0%, while foreign trade will expand by a slightly higher 5.4%. Net Exports Likely To Be A Drag On Growth Slower economic growth in China, and increasingly close economic links between China and Thailand, are having a significant impact on our outlook. In recent months we have seen quite sharp fluctuations in manufacturing production and exports, but we believe there is danger they may be entering an extended period of stagnant growth linked to lower demand from China in H213. On the plus side, we expect private consumption to remain relatively resilient for the moment (although it could be affected further down the road by ...

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