Thailand fetched 1.4 trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percent over the previous year, but falling short of the set target of 1.5 trillion THB.
The Chong Chom checkpoint in Kab Choeng district of Surin in Thailand is a main trading post with Oddar Meanchey in Cambodia (Photo: www.bangkokpost.com)
Bangkok (VNA) – Thailand fetched 1.4trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percentover the previous year, but falling short of the set target of 1.5 trillion THB.
According to Thailand’s Department of ForeignTrade, the ongoing US-China trade row, natural disasters, and foreign exchangefluctuations were the main factors hampering trade.
Of the cross-border trade total, border exportsrepresented 778.29 billion THB, down 0.8 percent year-on-year; while borderimports were worth 614.33 billion THB, up 14.9 percent.
Thailand’s border trade with Laos, Myanmar,Cambodia, and Malaysia reached 1.12 trillion THB – with exports making up 650.9billion THB, down 0.5 percent; and imports worth 473.76 billion THB, up 11percent.
Malaysia was the biggest partner for bordertrade, followed by Laos, Myanmar, and Cambodia.
Thailand’s trade with Singapore, Vietnam, andsouthern China rose 12.7 percent to 267.95 billion THB, up 12.7 percent against2017. –VNA
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Thailand reached its rice export target by shipping 11.13 million tonnes worth 5.62 billion USD abroad in 2018, according to the country’s Ministry of Commerce.
Total registered investment in Thailand reached a total of 902 billion THB (28.2 billion USD) in 2018, 43 percent higher than the previous year and beating the set target of 720 billion THB, according to the Thai Board of Investment (BOI).
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The Chong Chom checkpoint in Kab Choeng district of Surin in Thailand is a main trading post with Oddar Meanchey in Cambodia (Photo: www.bangkokpost.com) 
