Myanmar-Thailand border trade totals US$4.4 bln in 2023-2024FY

Myanmar’s border trade with the neighbouring country Thailand amounted to US$4.4 billion in the past financial year 2023-2024 (April-March), the Ministry of Commerce’s statistics showed.
The figures reflected a significant drop of over $927 million compared with the trade balance of $5.35 billion recorded in the FY 2022-2023.
Myanmar carries out cross-border trade with Thailand via Tachilek, Myawady, Kawthoung, Myeik, Hteekhee and Mawtaung border. Of them, the Hteekhee border performed the most extensive trade worth $2.69 billion in the past FY.
Moreover, the trade values stood at $1.147 billion at Myawady border post, $234.38 million at Kawthoung, $171.66 million at Tachilek, $154.3 million at Myeik and $26.779 million at Mawtaung.
Myanmar conducts border trade with neighbouring countries, such as 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 from the CMP enterprises. — NN/EM