The Department of Foreign Trade revealed that border and cross-border trade in the first 2 months of 2021 grew by 18.60%.

The Department of Foreign Trade reveals the figures for border and transit trade in January-February 2021.

Department of Foreign Trade

Revealing the total value of border and transit trade in January-February 2021, the total value was 242,641 million baht, an increase of 18.60%, which is the third consecutive month of expansion, the first time in 28 months.

From the above statistics, it is divided into imports and exports as follows:

  • Total imports were 101,549 million baht, an increase of 17.18%.
  • Export value 141,092 million baht, an increase of 19.64%

Thailand also has a trade surplus with neighboring countries of 39,543 million baht.

Thailand’s border trade with neighboring countries (Malaysia, Myanmar, Lao PDR, and Cambodia) totaled 140,724 million baht, an increase of 4.06% from the same period in 2020, broken down by each country as follows:

  1. Malaysia 91,959 million baht, an increase of 13.17% (Major export products include rubber, computers and equipment, automobiles and components)
  2. Lao PDR 91,576 million baht, an increase of 51.95% (Major export products include diesel, automobiles, and other refined oils)
  3. Cambodia 30,811 million baht, down 4.8% (Major export products include non-alcoholic beverages, automobiles, motorcycles and components)
  4. Myanmar 28,294 million baht, down 7.85% (Major export products include non-alcoholic beverages, diesel, spices and herbs)

Cross-border trade with neighboring countries to markets in China, Singapore, Vietnam and other countries totaled 101,917 million baht, an increase of 46.93%, divided into the following amounts for each country:

  1. China 42,270 million baht, an increase of 66.44% (Major export products include fresh, chilled, frozen and dried fruits, rubber and rubber products)
  2. Singapore 16,295 million baht, up 13.61% (Major export products include computers, equipment and components, electric circuit boards, electric circuit breakers and protection devices)
  3. Vietnam 10,064 million baht, up 42.44% (Major export products include non-alcoholic beverages, semiconductor devices, transistors and diodes, and other livestock products)

Additional reports on the opening of border crossings for the transport of goods: Thailand opened 46 border crossings for the transport of goods on April 1, 2021, an increase of 6 from the end of February, namely:

  1. Thai-Cambodian border checkpoint, Trat Province
  • Ban Mamuang Trade Relaxation Point

2. Thai-Myanmar border checkpoint, Mae Hong Son Province

  • Huai Ton Nun Trade Relaxation Point
  • Ban Sao Hin Trade Relaxation Point
  • Mae Sam Laep Trade Relaxation Point
  • Ban Huai Phung Trade Relaxation Point
  • Ban Nam Phiang Din Trade Relaxation Point

The six checkpoints in the two border provinces will help increase the convenience of transporting goods to neighboring countries.

Data source: Department of Foreign Trade