Thailand Freight Transport and Shipping Report - Business Monitor International - Industry Reports

Thailand Freight Transport and Shipping Report

Thailand Freight Transport and Shipping Report - Business Monitor International - Industry Reports
Thailand Freight Transport and Shipping Report
Published Jul 23, 2016
47 pages — Published Jul 23, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

In nominal terms, the outlook for ---- is slightly less optimistic, with a contraction of -.- forecast, but this is quite a stark uptick when compared to the --.- growth we estimate took place in ----. The ongoing depreciation of the Thai baht exacerbated by ---- s slowing growth led us to revise down our projections last quarter. ...The concomitant huge outflows in the portfolio account hit a record level, but could return over the coming quarters should the country avoid an economic and/or political crisis. The collapse in oil and industrial metals prices has been instrumental in improving Thailand s balance of payments position, with the current account surplus coming in at -.- of GDP in ----, the highest figure since the aftermath of the Asian Financial Crisis. Crucially, this has not been driven by a collapse in domestic demand and import volumes, which, according to GDP figures were essentially flat. ...A major boost was offered to Thailand s freight industry with the news that the EU and Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) have announced a link up regarding logistics in the Mekong region in June ----, reported The Nation.

...Thailand continues to run impressive current account surpluses thanks in large part to low oil prices, which have significantly reduced Thailand s import bill. Preliminary figures show that the current account surplus in Q--- hit a new record high of USD--.-bn, equivalent to over -- of GDP. ...Preliminary figures show that the current account surplus in Q--- hit a new record high of USD--.-bn, equivalent to over -- of GDP. We forecast the current account surplus to come in at -.- of GDP for ---- as a whole, from -.- in ----, marking the --th annual consecutive surplus, and edging Thailand closer to becoming a net external surplus country. This would provide the Thai baht with greater stability and help protect the economy from potential negative shocks going forward. ...We foresee a return to positive growth in both Thailand s real and nominal trade in ----, but we now expect the recovery to be less clear than we had envisaged a few quarters previously. In real terms, we forecast that growth will reach -.- in ----.

...With the exception of road, which we expect will see a y-o-y contraction each year between ---- and ----, Thailand is set to register positive growth across its freight modes in ---- and over the medium term. The leading mode in terms of annual tonnage growth is set to be rail at -.- . ...

  
Source:
Document ID
2397-3242
Country
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Thailand Freight Transport and Shipping Report" Jul 23, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Freight-Transport-and-Shipping-Report-2026-1840>
  
APA:
Business Monitor International - Industry Reports. (2016). Thailand Freight Transport and Shipping Report Jul 23, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Freight-Transport-and-Shipping-Report-2026-1840>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.