Myanmar- Thai Border Trade Rises $200m

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Myanmar’s border trade with Thai­land increased by about $200 million in the current fiscal year 2016-2017 as of March 3rd, as compared with the same period of the last fis­cal year, official media re­ported last Thursday.

Myanmar-Thai bilateral border trade amounted to $1.2 billion while that of the last fiscal year was $1 billion correspondingly.

Myanmar has six border trade points with Thai­land — Tachilek in Shan state, Myawaddy in Kayin state, Kawthaung, Myeik, Htikhi and Mawtaung in Taninthayi region.

Myawaddy is the one with the biggest trade transactions between the two countries, hav­ing a trade value at this point amounting to over $826.666 million in the present fiscal year as of March 3rd.

Border trade at Myan­mar’s 15 border points with neighbouring China, Thailand, India and Bang­ladesh totalled $6.64 bil­lion during the period, ac­cording to statistics. Xinhua

 

Source: Myanmar Business Today
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