BANGKOK, Oct 8 — Border trade between Malaysia and Thailand in the first eight months of the year fell 21 per cent to 152 billion baht (RM20.22 billion) as a result of the Covid-19 pandemic. Thailand’s Foreign Trade Department director-general Keerati Rushchano said in a statement today that...
Police personnel check the identification of a driver at the Malaysia-Thailand border at the Padang Besar checkpoint in Kedah January 18, 2016. Amid the Covid-19 pandemic, Thailand only reopened 36 out of 97 border checkpoints for trade and transportation of goods, including six border checkpoints with Malaysia. — Bernama pic
Thailand’s Foreign Trade Department director-general Keerati Rushchano said in a statement today that Thailand’s cross-border trade with neighbouring countries — Malaysia, Myanmar, Laos, and Cambodia — stood at 497 billion baht, declining by 11.5 per cent year-on-year in the first eight months of this year.Imports, meanwhile, amounted to 204 billion baht, sliding by 14 per cent, resulting in an 89 billion baht trade surplus from January to August this year.
Amid the Covid-19 pandemic, Thailand only reopened 36 out of 97 border checkpoints for trade and transportation of goods, including six border checkpoints with Malaysia. He said Thailand’s exports value stood at 494 billion baht, down 7.37 per cent year-on-year from January to August this year, while imports value fell 7.49 per cent to 358 billion baht, resulting in a 136 billion baht trade surplus.
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