# Baht strength dims export outlook

> The Thai National Shippers' Council said baht strength against the US dollar and British pound is eroding exporter competitiveness, though export growth in the first five months of 2017 was positive. The council projected 2017 exports to grow 3.2-3.5 percent and the baht has risen 5.4 percent against the dollar.

- Date: 2017-06-27 · published 2017-06-27T12:00:00.000Z
- Category: trade · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70785-baht-strength-dims-export-outlook
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stronger baht pressures Thai export volumes and rubber and rice pricing in dollar terms, which can marginally weigh on Asian agricultural trade flows; the effect on feed markets is limited.

## Read by commodity

- RICE: neutral
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-10-01 | [India Steps Up AGRI-EXPORT Resilience](https://feedsoft.ai/events/27799-india-steps-up-agri-export-resilience.md) | -1.2% | -1.4% |
| RICE | 2019-01-14 | [The dynamics of India’s rice export boom - The HinduBusinessLine](https://feedsoft.ai/events/61065-the-dynamics-of-india-s-rice-export-boom-the-hindubusinessline.md) | +0.9% | -2.5% |
| RICE | 2021-09-22 | [Focus on agri-exports-ForumIAS Blog](https://feedsoft.ai/events/45021-focus-on-agri-exports-forumias-blog.md) | +0.6% | -0.9% |
| RICE | 2018-10-05 | [Basmati traders expect robust exports](https://feedsoft.ai/events/62500-basmati-traders-expect-robust-exports.md) | -0.9% | -1.3% |
| RICE | 2024-12-04 | [Grains for gold: Indian export curbs drive boom in barter smuggling](https://feedsoft.ai/events/26924-grains-for-gold-indian-export-curbs-drive-boom-in-barter-smuggling.md) | -1.3% | -8.2% |

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30319280

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