Market Research Report
Thailand Freight Transport and Shipping Q2 2019
|Published by||Fitch Solutions, Inc.||Product code||352603|
|Published||Content info||51 Pages
Delivery time: 1-2 business days
|Thailand Freight Transport and Shipping Q2 2019|
|Published: February 5, 2019||Content info: 51 Pages||
Thailand is one of the economies within ASEAN-6 that is likely to be resilient to negative global economic shocks due to its strong external finances, which is broadly supportive of continuing growth in the freight industry over the medium term. The country's narrowing current account surplus will be mainly driven by a smaller goods trade surplus as export performance weakens amid rising global protectionism and a recovery in oil prices, with capital outflows still likely to be manageable. All of the freight modes in Thailand will see positive growth over both the short and medium term, with the outperforming mode poised to be rail between 2019 and 2023.