Department of Foreign Trade Director General Adul Chotinisakorn (Photo: thainews.prd.go.th) Bangkok (NNT/VNA) - The Department of Foreign Trade has unveiled thegross value of Thailand’s cross-border trading with immediate neighbouringcountries during this year’s first quarter has amounted to 342.63 billion baht,accounting for a 1.86 percent increase with Malaysia as the largestcross-border trading partner, followed by Laos and Cambodia.
Besides, Thailand’s cross-border trading with other countries through theimmediate neighbouring ones has seen southern China as the largest tradingpartner, followed by Vietnam and Singapore.
Department of Foreign Trade Director General Adul Chotinisakorn said Thailand’scross-border trading with immediate neighbouring countries during this year’sfirst quarter has amounted to 342.63 billion baht, accounting for a 1.86percent increase and including 192.29 billion baht in export goods, accountingfor a 0.49 percent increase, and 150.33 billion baht in import goods,accounting for a 3.66 percent increase. Thailand has earned 41.95 billion bahtin trade surplus.
The combined value of cross-border trading with four immediate neighbouringcountries has accounted for 279.53 billion baht, marking a 0.18 percentincrease, including 159.88 billion baht in export goods, marking a 1.95 percentdrop, and 119.65 billion baht in import goods, marking a 3.17 percent increase.Thailand has enjoyed 40.23 billion baht in trade surplus whereas the combinedvalue of Thailand’s cross-border trading with three other countries through theimmediate neighbouring ones has amounted to 63.09 billion baht, accounting fora 10.03 percent increase, including 32.40 billion baht in export goods, markinga 14.57 percent increase and 30.68 billion baht in import goods, marking a 5.61percent increase. Thailand has earned 1.72 billion baht in trade surplus.
Malaysia has become Thailand’s largest cross-border trading partner with 139.63billion baht in combined trade value, accounting for 0.39 percent increase, andincluding 67.48 billion baht in export goods, accounting for a 6.16 percentdrop, and 72.14 billion baht in import goods, accounting for a 7.39 percentincrease. Myanmar has become the second largest cross-border trading partnerwith 49.64 billion baht, followed by Laos with 48.21 billion baht and Cambodiawith 42.03 billion baht in combined trade value. Thailand’s cross-bordertrading through Laos has seen southern China as the largest trading partnerwith 27.17 billion baht, accounting for 50.51 percent increase, including 9.74billion baht in export goods, accounting for a 42.58 percent increase and 17.42billion baht in import goods, accounting for a 55.35 percent increase, followedby Vietnam with 18.72 billion baht and Singapore with 17.19 billion baht.
The Department of Foreign Trade has continually accelerated the border tradingpromotion and special economic zone development such as YEN-D Programme, FourBorder Regions Trade Expo and seminars and business matching sessions in thecourse of trade and investment promotion for border entrepreneurs and specialeconomic zone development.
During April 26 and April 28, the department has organised a border trade expoin Su-ngai Kolok district of Narathiwat to stimulate the three borderprovinces’ economy. The trade expo featured southern Thailand’s outstandingproducts and Malaysia’s quality products as well as business matching sessions.Malaysia has immediately placed over four million baht in purchase orders forThai goods with another 65 million baht expected to follow within a one-yeartime.
Those goods included curry ingredients, burger beef, cosmetic products anddeep-fried fish paste. Besides, the Thai and Malaysian public and privatesectors held a local-level meeting and agreed to promote Halal food andcross-border tourism in Kelantan and Terengganu, among other destinations.
During March 31 and April 2, the department has led a delegation of SMEentrepreneurs in Thailand’s border provinces with Myanmar to a businessmatching session and knock-door visit to major Myanmar modern traders who haveagreed to co-invest with Thai entrepreneurs and start-up businesspersons and toopen factories in Myanmar for the manufacturing of seasoning goods and rubberproducts for which the department has planned to provide continual support.-VNA
Besides, Thailand’s cross-border trading with other countries through theimmediate neighbouring ones has seen southern China as the largest tradingpartner, followed by Vietnam and Singapore.
Department of Foreign Trade Director General Adul Chotinisakorn said Thailand’scross-border trading with immediate neighbouring countries during this year’sfirst quarter has amounted to 342.63 billion baht, accounting for a 1.86percent increase and including 192.29 billion baht in export goods, accountingfor a 0.49 percent increase, and 150.33 billion baht in import goods,accounting for a 3.66 percent increase. Thailand has earned 41.95 billion bahtin trade surplus.
The combined value of cross-border trading with four immediate neighbouringcountries has accounted for 279.53 billion baht, marking a 0.18 percentincrease, including 159.88 billion baht in export goods, marking a 1.95 percentdrop, and 119.65 billion baht in import goods, marking a 3.17 percent increase.Thailand has enjoyed 40.23 billion baht in trade surplus whereas the combinedvalue of Thailand’s cross-border trading with three other countries through theimmediate neighbouring ones has amounted to 63.09 billion baht, accounting fora 10.03 percent increase, including 32.40 billion baht in export goods, markinga 14.57 percent increase and 30.68 billion baht in import goods, marking a 5.61percent increase. Thailand has earned 1.72 billion baht in trade surplus.
Malaysia has become Thailand’s largest cross-border trading partner with 139.63billion baht in combined trade value, accounting for 0.39 percent increase, andincluding 67.48 billion baht in export goods, accounting for a 6.16 percentdrop, and 72.14 billion baht in import goods, accounting for a 7.39 percentincrease. Myanmar has become the second largest cross-border trading partnerwith 49.64 billion baht, followed by Laos with 48.21 billion baht and Cambodiawith 42.03 billion baht in combined trade value. Thailand’s cross-bordertrading through Laos has seen southern China as the largest trading partnerwith 27.17 billion baht, accounting for 50.51 percent increase, including 9.74billion baht in export goods, accounting for a 42.58 percent increase and 17.42billion baht in import goods, accounting for a 55.35 percent increase, followedby Vietnam with 18.72 billion baht and Singapore with 17.19 billion baht.
The Department of Foreign Trade has continually accelerated the border tradingpromotion and special economic zone development such as YEN-D Programme, FourBorder Regions Trade Expo and seminars and business matching sessions in thecourse of trade and investment promotion for border entrepreneurs and specialeconomic zone development.
During April 26 and April 28, the department has organised a border trade expoin Su-ngai Kolok district of Narathiwat to stimulate the three borderprovinces’ economy. The trade expo featured southern Thailand’s outstandingproducts and Malaysia’s quality products as well as business matching sessions.Malaysia has immediately placed over four million baht in purchase orders forThai goods with another 65 million baht expected to follow within a one-yeartime.
Those goods included curry ingredients, burger beef, cosmetic products anddeep-fried fish paste. Besides, the Thai and Malaysian public and privatesectors held a local-level meeting and agreed to promote Halal food andcross-border tourism in Kelantan and Terengganu, among other destinations.
During March 31 and April 2, the department has led a delegation of SMEentrepreneurs in Thailand’s border provinces with Myanmar to a businessmatching session and knock-door visit to major Myanmar modern traders who haveagreed to co-invest with Thai entrepreneurs and start-up businesspersons and toopen factories in Myanmar for the manufacturing of seasoning goods and rubberproducts for which the department has planned to provide continual support.-VNA
VNA
