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"I think we can still keep our export momentum," Sontirat Sontijirawong told a briefing.
Thailand may have a chance to export between $300 million and $1.1 billion more to the United States to replace Chinese goods, he said.
It could further export more goods, worth more than $300 million, to China, to replace US products, Sontirat said.
The ministry said there was only $19 million worth of Thai products in China's supply chain that could be affected by the trade spat.