Home MMBIZ News Myanmar-Thailand Border Trade Hits $670m

Myanmar-Thailand Border Trade Hits $670m

Border trade between Myanmar and Thailand has reached about $680 million (K658 billion) this fiscal year (April-March), according to official statistics.

Most of the trade took place at the Myawaddy border point and comprise imports from Thailand, the Customs Department under the Ministry of Commerce, said.

Most border trade transactions occurred through the Tachilek border trading camp in Shan State, Myawady camp in Kayin State, and the Kaw Thoung, Myeik, Nabule/Htikhi, and Maw Taung camps in Taninthayi Region.

The trading volume in Myawaddy border point was $278.5 million, while in Tachileik, Kawthaung, Myeik, Htikhi and Mawtaung border points trade volumes were $86.15 million, $115.2 million, $147 million, $51.92 million and $36.7 million respectively.

Last year saw Myanmar opening a host of new border trade points with Thailand and China in a bid to boost trade with its neighbours. More border trade points are on the way to be opened such as Maila trading camp on the Myanmar-China border and  Mese, Hpayathonesu and Ponpakyin camps on the Myanmar-Thailand border.

Myanmar has border trading camps along the borders with Bangladesh, China, India and Thailand.

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