THE border trade volume between Myanmar and Thailand in the current financial year 2020-2021 ending September hit US$3.26 billion, said a statistical report of Myanmar’s Ministry of Commerce.

As of 9 July, the border trade value during this period dropped somewhat by $10.2 million compared to that of the same period of the previous FY. The bilateral border trade was $3.27 billion in the previous year.

Myanmar’s exports to Thailand reached $2.25 billion while its imports hit $1.01 billion.

 Between 2016-2017FY and 2019-2020 FY (as of August), Thailand has been Myanmar’s largest trade partner among the ASEAN states, followed by Singapore and Malaysia.

Myanmar is carrying out border trade with the neighbouring country Thailand through seven border checkpoints -- Tachilek, Myawady, Myeik, Mawtaung, Hteekhee, Kawthoung and Maese border areas, respectively. Among them, Hteekhee completed the most extensive trade in border trade with Thailand, followed by Myawady.

 Myanmar’s exports to Thailand are primarily agriculture and livestock products. Imports from Thailand are mainly non-alcoholic beverages, fabric and yarn, motorcycles and related parts, and construction materials.

The bilateral trade between Myanmar and Thailand stood at $3.26 billion in FY2020-2021 (as of July), $5.1 billion in FY2019- 2020, $5.5 billion in FY2018-2019, $2.9 billion in mini-budget year of 2018 or transitional period from April to September this year, $5 billion in FY2017-2018, $4.3 billion in the 2016-2017FY, $4.8 billion in the 2015-2016FY, $5.7 billion in the 2014-2015FY, $5.6 billion in the 2013-2014FY, $4.7 billion in the 2012-2013FY, and $4.5 billion in the 2011-2012FY, according to the Myanmar Ministry of Commerce.

ACM

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