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Thai shippers’ council expects 8-pct fall in Q1 exports

BANGKOK, March 7 (Xinhua) — Thailand’s export value is expected to shrink 8 percent in the first quarter of 2023 from a year earlier, weighed down by slowing global demand, the country’s shippers’ council said on Tuesday.

The forecast, downgraded from a projected 3.7-percent decline the Thai National Shippers’ Council (TNSC) made a month ago, came after a more-than-expected drop in Thailand’s exports in January