Myanmar-Thailand border trade earns US$3 bln in 7 months

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The image captures the panoramic scene of the Myawady border, a vital hub for trade exchange between Myanmar and Thailand.

Myanmar’s border trade with the neighbouring country Thailand amounted to US$3.034 billion in the past seven months (from April to October) of the current financial year 2023-2024.
The figures plunged from $3.16 billion recorded in the year-ago period, indicating a sharp drop of $125.558 million.
Myanmar conducts cross-border trade with Thailand via the Tachilek, Myawady, Kawthoung, Myeik, Hteekhee and Mawtaung borders. Of them, the Hteekhee border performed the largest trade worth $1.889 billion in the past seven months.
Moreover, the trade values stood at $882.303 million at the Myawady border, $94.397 million at Tachilek, $68.5 million at Myeik, $89.226 million at Kawthoung and $10.39 million at Mawtaung.
Among these border trade camps along Myanmar-Thailand, Mawtaung manages the least amount of trade including export and import activities worth $10.39 million.
Myanmar carries out border trade with the neighbouring countries China, Thailand, Bangladesh and India. It exports agricultural produce, livestock products, fisheries, minerals, forest products, finished industrial goods and other goods, while it brings in capital goods, intermediate goods, consumer goods and raw materials by the CMP enterprises. — NN/EM

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