Myanmar-Thailand border trade surpasses US$1.2 bln in Q1 2023-2024FY

Myanmar’s border trade with the neighbouring country Thailand amounted to US$1.24 billion in the Q1 (April-June) of the current financial year 2023-2024.
The figures plunged from $1.314 billion recorded in the year-ago period, showing a sharp drop of $74.372 million.
Myanmar conducts cross-border trade with Thailand via Tachilek, Myawady, Kawthoung, Myeik, Hteekhee and Mawtaung borders. Of them, the Hteekhee border performed the largest trade volume worth $673.839 million in the past three months.
The trade values stood at $471.462 million at Myawady border post, $53.313 million at Tachilek, $23.197 million at Myeik, $15.564 million at Kawthoung and $2.908 million at Mawtaung.
Myanmar carries out border trade with the neighbouring countries China, Thailand, Bangladesh and India. It exports agricultural products, 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.
Thailand’s demand for Myanmar’s kitchen groceries (onion, rice powder, chilli pepper) has risen as it resumed the tourism businesses in the post-COVID period and the restaurants and food businesses widely used them.
Fishery products are directly sent to Bangkok, Thailand through Mae Sot. The fast and fresh delivery service is the priority. There is a timely transport arrangement for perishable green items like onions, chilli pepper and cabbage at the border points.
The cloth roll, construction materials, industrial raw materials, pharmaceuticals, motorcycle parts, footwear, clothes, fruits, food products, cosmetics, gas, lubricants, household goods, feedstuffs, bicycles, stationery, auto parts, tiles, fertilizers and electronic devices are imported. — NN/EM