# Thai exports seen up 2% this year but strong baht a challenge, shippers say | Reuters

> Thailand's Shippers' Council expects exports to grow 2% this year, the top of its earlier forecast range. It warned that the rapid baht appreciation, which reached a 31-month high at 32.125 per dollar, would hurt exporters and agricultural and food shipments.

- Date: 2024-10-01 · published 2024-10-01T12:00:00.000Z
- Category: trade · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/28146-thai-exports-seen-up-2-this-year-but-strong-baht-a-challenge-shippers-say
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A strong baht makes Thai agricultural exports less competitive, which can reduce Thai demand for imported feed inputs and shift export flows.

## Sources

- reuters.com: https://www.reuters.com/markets/asia/thai-exports-seen-up-2-this-year-strong-baht-challenge-shippers-say-2024-10-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.