"Commerce" reveals border and border trade in the first quarter

Ridoy2020

The Department of Foreign Trade reveals that border and border trade in the first quarter of 2019 had a value of 342,631.59 million baht, an increase of 1.86%. Malaysia is Thailand's number one border trading partner. Followed by Myanmar, Lao PDR, and Cambodia. As for cross-border trade Southern China has the highest value. Followed by Vietnam and Singapore, this year's target of 1.6 trillion baht is difficult. Reason for baht appreciation Making trade difficult, but will not give up, aiming to organize activities to stimulate sales continuously. Mr. Adul Chotinisakorn, Director-General of the Department of Foreign Trade, revealed that the value of Thailand's border and transit trade During the first quarter of 2019 (Jan.-March), the total value was 342,631.59 million baht, an increase of 1.86%, consisting of exports of 192,295.13 million baht, an increase of 0.49%, and imports of 150,336.46 million baht, an increase of 3.66%, exceeding Trade balance of 41,958.66 million baht.



separated into border trade with 4 neighboring countries, valued at 279,538.02 million baht, an Email Dataincrease of 0.18%, exports of 159,887.11 million baht, a decrease of 1.95%, imports of 119,650.91 million baht, an increase of 3.17%, trade surplus of 40,236.20 million baht, and trade through Border trade with 3 countries, valued at 63,093.57 million baht, an increase of 10.03%, consisting of exports of 32,408.02 million baht, an increase of 14.57%, imports of 30,685.55 million baht, an increase of 5.61%, a trade surplus of 1,722.47 million baht. In terms of border border trade, it was found that Malaysia is the most important trading partner. Thailand's number one, worth 139,631.53 million baht, an increase of 0.39%, an export of 67,482.39 million baht, a decrease of 6.16%, an import of 72ht, an increase of 55.35%, followed by Vietnam with a value of 18,723.59 million baht, a decrease of 6.07%. It was exports of 14,943 million baht, an increase of 12.69%, imports of 3,781 million baht, a decrease of 43.35%, and Singapore valued at 17,197.67 million baht, a decrease of 11.14%, an export of 7,715 million baht, a decrease of 5.78%, imports of 9,482 million baht, a decrease of 15.08%. That results in the expansion of border and border trade.






This comes from the economy of trading partner countries expanding. And there is an increasing demand for Thai products. and also received positive results from the Department Has helped solve problems of trade obstacles. and increasing trade facilitation, such as pushing for the opening of a 24-hour checkpoint with Malaysia. Start at Sadao checkpoint. Pushing for Myanmar to accept the issuance of Form D at customs checkpoints. and pushing to upgrade trade checkpoints along the border to more permanent checkpoints "The Department has set a target for border and border trade in 2019 at 1.6 trillion baht, an increase of 15%, which looks at the current situation. It must take a lot of effort . Because of the present The Thai baht has strengthened significantly. causing an impact on trade,but the department will continue to push forward and increase activities to promote border trade fully including organizing activities to stimulate the economy along the border and special economic development zones Organizing the YEN-D project to create a network of new generation entrepreneurs.