Cross-border trade registers wobble amid global meltdown

Description: 

"Thailand's cross-border trade dropped 1.94% year-on-year in the first 10 months of this year, with the strong baht, global economic slowdown, continued trade war and an overall volatile foreign exchange listed as the key threats. On Thursday, the Commerce Ministry's Foreign Trade Department reported the country's overall cross-border trade, including transit trade, amounted to 1.12 trillion baht for the year to October. Transit trade consists of businesses involved in the passage of goods through more than one country. Of the total figures, exports from Thailand accounted for 627 billion baht, down 2.05% from the same period last year, while imports were worth 498 billion, resulting in a trade surplus of 129 billion..."

Creator/author: 

Phusadee Arunmas

Source/publisher: 

"Bangkok Post" (Thailand)

Date of Publication: 

2019-11-29

Date of entry: 

2019-11-30

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, Thailand

Geographic coverage: 

Global

Language: 

English

Resource Type: 

text

Text quality: 

    • Good