Thailand’s border trade strongly surges in Q1

04/05/2021 14:09 7

Thailand’s border trade strongly surges in Q1

Thailand's border and transit trade value increased by 19.3 percent year on year to 384 billion baht (12.3 billion USD) in the first quarter of 2021.

According to the Foreign Trade Department of Thailand, the rise was mainly driven by trade with Malaysia and rising demand for Thai rubber.

Meanwhile, the transit trade with other countries, including Singapore, Vietnam and southern China, totaled 161 billion baht, up 36.1 percent, it added./.

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