# Crunch for Thai economy as exports dive. Fears that Thai baht has become a focus of speculation - Thai Examiner

> Thai exports are in decline, with May shipments down 5.8% and car exports down 17%. The National Shippers Council predicts a contraction in Thai exports for 2019. The Bank of Thailand has raised concern that the baht is becoming a vehicle for speculation after hitting a six-year high.

- Date: 2019-06-23 · published 2019-06-23T12:00:00.000Z
- Category: trade · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58871-crunch-for-thai-economy-as-exports-dive-fears-that-thai-baht-has-become-a-focus
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Contracting Thai exports and trade war damage reduce regional trade flows, a mild bearish signal for global trade demand. Direct feed commodity price impact is limited.

## Sources

- thaiexaminer.com: https://www.thaiexaminer.com/thai-news-foreigners/2019/06/23/thai-exports-bank-thailand-baht-economy-investment-us-china-economic-trade/

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