Thai-Myanmar border trade has registered a decrease of US$ 10 million between 1 October and 9 July in the current financial year, according to the Ministry of Commerce.
Ministry of Commerce data shows that the value of Thai–Myanmar trade at all seven borders touched $3.26 billion in the current financial year, which plunged from $3.27 billion recorded in the year-ago period.
Myanmar delivers goods to Thailand through its sea routes, as well as land borders. Seven border trade camps are open between the two countries, including Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Maesai.
Apart from Tachilek and Myawady checkpoints, bilateral trade from the Myanmar-Thai-land borders decreased in relation to the same period of the last year.
The country exports agricultural, forest and animal products, minerals, manufactured goods and other miscellaneous products to neighbouring Thailand. Its imports include medicines, cosmetics, food and beverages, stationery, footwear, clothing, machinery and other commodities.
The total trade between Myanmar and four neighbouring countries between 1 October and 9 July reached over $8.44 billion, decreasing by $392 million over the same period last year. — ACM/GNLM
Thai-Myanmar border trade decreases
- July 20, 2021
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