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May 19, 2019

Border trade with Thailand hits nearly $1.3 bln

Vehicles seen at Myawaddy border trade zone. Photo: Supplied

Bilateral border trade between Myanmar and Thailand between 1 October 2018 and 15 February 2019 totalled US$1.29 billion, with exports worth $ 926.9 million and imports worth $ 372.6 million, according to the official’s statistics issued by the Ministry of Commerce.
The current trade figures increased by $731.1 million against the same period of last year., whne the border trade between two nations was $ 568.3 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.
Among all border trade camps, the Htikhee gate saw the largest value of trade, with $759 million during the period, followed by Myawady with $ 321 million and Kawthoung with $ 92 million. The trade value from all border crossings between 1 Oct 2018 and 15 Feb 2019 exceeded $3600 billion, increasing by $166 million over the same period last year.

 

—Zwe (Translated by Hay Mar)

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