Only small fall in exports likely: Premier

However, the global economic meltdown and resulting lower international demand mean 2009 exports will still be still slightly lower than last year's level, he said.

The World Bank has predicted that Thai exports will face a 15.5-per-cent contraction this year. According to the Department of Export Promotion, exports fell by 26.1 per cent year on year to US$44.2 billion (Bt1.51 trillion) in the first four months.

"Thailand's exports are expected to have bottomed out in April. Exports should begin to increase from now on, due to the signs of recovering economic growth in many countries," Abhisit said yesterday.

To ensure sustainable export growth, the PM said the government would closely monitor market trends and seek measures to facilitate increased overseas sales.

He said the government would continue to promote the export of high-potential products in selected markets.

It will also closely monitor the baht's value and stabilise the currency to ensure exporters' competitiveness.

"The Bank of Thailand has reaffirmed that the baht has appreciated slightly against the US dollar, in line with the currencies of other countries. The government will focus on stabilising the baht's value," he said.

Asked if the government would lower tariffs to assist exporters, the prime minister said it must ensure that any action taken results in fair benefits for all concerned, rather than benefiting only one sector.