# Thai exports hurt as baht strengthens

> Thailand's Commerce Ministry warned that baht appreciation to 32-33 per dollar will hurt high-value exports such as rubber products, seafood and gems. The office said the stronger baht lowers import costs for energy, capital goods and raw materials.

- Date: 2023-02-07 · published 2023-02-07T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/37586-thai-exports-hurt-as-baht-strengthens
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency strength affects Thai trade competitiveness and import costs, but the impact on grain and feed commodity prices is indirect and limited.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/thai-exports-hurt-as-baht-strengthens-post247941.vnp

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