Myanmar-Thailand border trade exceeds $400 million this FY

File photo shows cars passing through the Myawady Border gate.  Photo: Supplied
File photo shows cars passing through the Myawady Border gate.  Photo: Supplied

BILATERAL border trade between Myanmar and Thailand this financial year totalled US$415.9 million, with exports worth $123 million and imports worth $292.9 million, according to the official statistics issued by the Ministry of Commerce.
The current trade figures increased by over $57 million against the same period last year, when border trade between the two nations was $358 million.
The country exports agricultural, forest and animal products, minerals, manufactured goods and other miscellaneous products to neighboring Thailand. Its import covers medicines, cosmetics, food and beverages, stationery, footwear, clothing, machinery and other commodities.
Myanmar delivers goods to Thailand through its sea routes as well as cross-border gates. Seven border trade camps are opened between the two states, including Tachilek, Myawady, Kawthoung, Myeik, Htikhee, Mawtaung and Maesai. Apart from Htikhee gate, bilateral trade from the Myanmar-Thailand borders increased, in comparison with this time last year.
Among all border trade camps, the Myawady gate saw the largest value of trade, with $261 million during the period, followed by Myeik with $76 million, Kawthoung with $45 million and Tachilek with $27 million.
The trade value from all border crossings between 1 April and 20 July this year exceeded $2.469 billion, increasing by $316 million over the same period last year.—Shwe Khine

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