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November 15, 2018

Border trade with Thailand exceeds $73.78 million so far

Containerships dock in Yangon Port.  Photo: Phoe Khwar

Bilateral border trade between Myanmar and Thailand this fiscal year totaled US$144.6 million, with exports worth $84.013 million and imports worth $60.624 million, according to the official statistics issued by the Ministry of Commerce.
Between 1 October and 26 October this year, trade between the two countries totaled $144.6 million, while at this time last year, the bilateral trade was $70.84 million.
Myanmar and Thailand continue to conduct trade through seven cross-border gates at Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Maese and Mawtaung. Among these border gates, Myawady has the largest volume and value of trade.
Among all border trade camps, the Myawady gate saw the largest value of trade with $57.4 million, followed by Hteekhee with $48.4 million, Kawthoung with $17.5 million and Myeik with $15.4 million.
The trade value from all border crossings between 1 and 26 October this fiscal year exceeded $479.2 million, increasing by $137 million over the same period of last fiscal year.
Myanmar primarily imports a wide range of consumer products, food, soft drinks, cooking oil, plastic ware, and cosmetics, while exporting marine products, agricultural commodities and other items to neighboring country.

Zwe
(Translated by Hay Mar Tin Win)

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