Nopporn Thepsithar, chairman of the council, said the higher oil prices would boost economic growth of many countries and result in more exports of oil byproducts from Thailand.&nbsp; 
However, some concerning factors remain, including fragile global economic growth and continued uncertainty on the growth of consumer purchasing power. There could also be rising non-tariff and trade barriers imposed by many countries, particularly developed nations such as the US.

Export growth of 12% forecast

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Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

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Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;

Export growth of 12% forecast

The Thai National Shippers Council predicts that exports next year will grow by 12 per cent partly because of higher oil prices, while Thai shippers adjust to changing circumstances.

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