- The economic situation of Thailand is being impacted by the Middle East conflict, facing both intense competition and the benefits of regional improvements.
- The economic situation of Thailand is being impacted by the Middle East conflict, facing both intense competition and the benefits of regional improvements.
Hostilities in the Middle East are impacting exports, affecting Thailand, which serves as a production base for top carmakers like Toyota.
1 report, 1 independent
Updated Jul 24
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What happened
Hostilities in the Middle East are impacting exports, affecting Thailand, which serves as a production base for top carmakers like Toyota.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Toyota is benefiting from strong demand in India and maintaining sales in Thailand, while industry-wide concerns regarding Middle East instability persist.Sub-event
- The ongoing conflict in the Middle East is causing severe disruptions, leading to the upending of global shipping routes.Sub-event
- Global conflicts are affecting consumer spending and business outlook for Toyota, whose operations include both Toyota and Mazda.Sub-event
Middle East conflict impacts Thai exports from its major manufacturing base.1 source
Keep exploring
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Thailand
country in Southeast Asia
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Toyota
Japanese multinational automotive manufacturer
Related events
- Middle East conflict is impacting global supply chains and trade.
- The Middle East conflict is causing a steep decline in fuel oil imports, leading to market pricing dynamics being compared between Fujairah and Singapore.
- Middle East conflict is disrupting global feedstock supply, impacting companies like Braskem which has operations focused on Brazil.
- Conflict drives up fuel prices in the region, leading to sales declines for market leaders like Toyota.
- Global inflation and supply chain risks are driven by conflicts in the Middle East and Europe, alongside climate threats like El Niño.
Coverage
Newest first; wire copies grouped- indiatimes.comThailand auto output drops 7.6% in June; outlook cut