Q4 exports to contract 4.7-9%: KResearch

 In this scenario, the full-year growth will be 16.7 per cent. This scenario is possible if flooding recedes within two months and industrial zones in Samut Prakan and Chachoengsao are not affected.
  In the worst-case scenario, when flooding persists until year-end and industrial zones in Chachoengsao and Samut Prakan are inundated to the extent many facilities cannot resume production by the year end. In this case, the fourth-quarter export growth would contract 9.1 per cent, bringing the full-year growth rate to 15.5 per cent.
 K Research earlier estimated 2011 export growth between 15.5-17.9 per cent.
 The authorities expect to drain the water by mid-December.