Myanmar-Thai border trade hits US$-1.1 bln this mini-budget
Myanmar-Thailand border trade has increased by US$-350 million and stands at US$-1.1 billion between 1 October and 24 December this mini-budget period, according to the Ministry of Commerce.
Last year, the bilateral border trade hit US$-761 million. The country’s export to neighbouring Thailand reached US$-713.64 million while its import shared US$-398.54 million.
Myanmar is carrying out bor-der trade with the neighbouring country Thailand through seven border posts – Tachileik, Myawady, Myeik, Mawtawng, Hteekhee, Kawthoung and Meisei border areas respectively. Myawady border trade accounted for the largest volume of trade with Thailand, followed by Hteekhee, according to the statistical report of the Myanmar Ministry of Co-more.
Myanmar’s exports to Thai-land were primarily agriculture and livestock products, and imports from Thailand were mainly non-alcoholic beverages, fabric and yarn, motorcycles and related parts, and construction materials.