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May 30, 2020

Htikhee border trade falls by $237.78 mln as of 20 March

Bilateral trade between Thailand and Myanmar through the Htikhee border between 1 October and 20 March in the 2019-2020 financial years sharply fell to US$973.28 million from $1.2 billion registered in the year-ago period, according to the Commerce Ministry
data.
Over the five months period, exports through the Htikhee border stood at $959.16 million, while imports fell short of $14 million.
Exports of natural gas from Taninthayi Region contributed to the enormous increase in trade through the Htikhee border in the previous fiscal, said an official from the ministry.
Earlier, the Myawady border sees the largest trade among the Myanmar-Thailand checkpoints. The rise in exports through the Htikhee border boosted the value of the Myanmar-Thailand border trade in the 2018-2019FY. In the current fiscal, trade values at Htikhee border surpassed those registered at Myawady border.
Of the seven border trade points between Myanmar and Thailand, Myeik and Htikhee borders have witnessed a decrease in trade in the current financial year, while the remaining borders have reported an increase.
Trade values stood at $$68.58 million at Tachilek gate, $589.34 at Myawady, $199 million at Kawthoung, $93.886 million at Myeik, $973.28 million at Htikhee, $12.6 million at Myawady and $2.53 million at Maesei respectively according to the Commerce Ministry.
Myanmar primarily exports natural gas, fishery products, coal, tin concentrate (SN 71.58 per cent), coconut (fresh and dry), beans, and bamboo shoots to Thailand. It imports capital goods such as machinery, raw industrial goods such as cement and fertilizers, and consumer goods such as cosmetics and food products from the neighboring country.— Ko Htet (Translated by Ei Myat Mon)

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