Thai border and cross-border trade in 2024 expands by 2.5%, stimulating border trade in the Northeast, accelerating construction of the Bangkok-Nong Khai high-speed railway connecting China and Laos
Thailand's international trade situation in January 2024, Thai exports were valued at 22,649.9 million US dollars, or 784,580 million baht.
Exports via the China-Laos high-speed railway through the Nong Khai checkpoint increased fourfold, supporting Thai entrepreneurs to be in the supply chain of China and Laos more.
The China-Laos Railway project is a major project connecting Kunming, China, and Vientiane, Laos, under the Belt and Road Initiative.
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In October 2023, the value of border and transit trade was 139,695 million baht, divided into exports worth 70,042 million baht and imports worth 69,653 million baht.
Mr. Somchai Sumanatsakhonkun, Inspector General of the Ministry of Transport, visited and gave a policy for the development of the rail transport system.
It is rail transport from the ICD Lat Krabang-Laem Chabang Port route 88% and rail transport from outer routes including trains from the lower northeast, the northern and southern routes approximately 12%.
Aiming to develop into green logistics to meet the challenge of reducing greenhouse gas emissions.
New Thai-Laos Friendship Bridge Facilitates Trade, Economic Connections, Achieves Target of 11 Billion USD by 2025
