Post by account_disabled on Dec 31, 2023 23:42:40 GMT -6
The Department of Foreign Trade revealed that border and border trade in the 8 months of 2019 achieved 915,517.39 million baht, an increase of 0.07% due to the impact from the protracted trade war. The baht strengthens, this year's target of 1.6 trillion baht is likely to be missed. The trend is likely to reach 1.4 trillion baht, expanding slightly. Ready to report good news NSC gives green light to open the second Thai-Myanmar Friendship Bridge checkpoint, expanding the opening of the 24-hour Thai-Malaysian checkpoint for another 9 months, expected to push trade up for sure.
Mr. Adul Chotinisakorn, Director-General of C Level Executive List the Department of Foreign Trade, revealed that Thai border and border trade during the 8 months of 2019 (Jan.-Aug.) had a total value of 915,517.39 million baht, an increase of 0.07%. Separated into exports of 509,045.79 million baht, a decrease of 1.65%, and imports of 406,471.60 million baht, an increase of 2.31%, a trade surplus of 102,574.19 million baht, which is a slower growth. This is in line with Thailand's overall exports over the past 8 months which decreased by 2.19% because it was affected by the trade war between the United States. with China which is still protracted Sending the world economy and trading partners to slow down And there is also the instability of each country's currency.
Including the appreciation of the Thai baht and the depreciation of neighboring countries' currencies. causing an impact on border and border trade However, if separating only border trade with four neighboring countries, the value was 729,869.62 million baht, a decrease of 1.16%, consisting of exports of 409,664.97 million baht, a decrease of 5.11%, imports of 320,204.65 million baht, an increase of 4.39%, a trade surplus of 89,460.31 million baht, with the highest trade with Malaysia. Valued at 357,829.02 million baht, a decrease of 4.78%, followed by Myanmar with a value of 133,865.78 million baht, an increase of 4.763%, Lao PDR with a value of 131,812.67 million baht, a decrease of 6.93%, and Cambodia with a value of 106,362.16 million baht, an increase of 14.10%, and trade through Borders with 3 countries had a value of 185,647.77 million baht, an increase of 5.24%. Exports were 99,380.83 million baht, an increase of 15.76%. Imports were 86,266.95 million baht, a decrease of 4.74%. The trade surplus was 13,113.88 million baht, with the highest trade with southern China valued at 88,655.32 million baht, increasing.
Mr. Adul Chotinisakorn, Director-General of C Level Executive List the Department of Foreign Trade, revealed that Thai border and border trade during the 8 months of 2019 (Jan.-Aug.) had a total value of 915,517.39 million baht, an increase of 0.07%. Separated into exports of 509,045.79 million baht, a decrease of 1.65%, and imports of 406,471.60 million baht, an increase of 2.31%, a trade surplus of 102,574.19 million baht, which is a slower growth. This is in line with Thailand's overall exports over the past 8 months which decreased by 2.19% because it was affected by the trade war between the United States. with China which is still protracted Sending the world economy and trading partners to slow down And there is also the instability of each country's currency.
Including the appreciation of the Thai baht and the depreciation of neighboring countries' currencies. causing an impact on border and border trade However, if separating only border trade with four neighboring countries, the value was 729,869.62 million baht, a decrease of 1.16%, consisting of exports of 409,664.97 million baht, a decrease of 5.11%, imports of 320,204.65 million baht, an increase of 4.39%, a trade surplus of 89,460.31 million baht, with the highest trade with Malaysia. Valued at 357,829.02 million baht, a decrease of 4.78%, followed by Myanmar with a value of 133,865.78 million baht, an increase of 4.763%, Lao PDR with a value of 131,812.67 million baht, a decrease of 6.93%, and Cambodia with a value of 106,362.16 million baht, an increase of 14.10%, and trade through Borders with 3 countries had a value of 185,647.77 million baht, an increase of 5.24%. Exports were 99,380.83 million baht, an increase of 15.76%. Imports were 86,266.95 million baht, a decrease of 4.74%. The trade surplus was 13,113.88 million baht, with the highest trade with southern China valued at 88,655.32 million baht, increasing.