Border trade and cross-border trade figures in May 2023 rose at 4.94.

Permanent Secretary of the Ministry of Commerce reveals that border trade and cross-border trade figures in May 2023 have grown against the trend, total exports stood at 4.94, worth 153,827 million baht, ready to push forward exports from border trade. And through the border for 5 months, growing according to the growth of 4.85% as well

Kirati Ratchano, Permanent Secretary of the Ministry of Commerce Revealing the figures of border trade and cross-border trade in May 2023, it was found that it grew by 4.94 percent, worth 153,827 million baht, of which exports decreased by 1.52 percent, valued at 89,396 million baht, imports. increased by 15.44 percent, with a value of 64,431 million baht, resulting in a trade surplus of 24,966 million baht

However, when divided into only border trade during the month May decreased by 6.84 percent, valued at 82,418 million baht, imports decreased by 15.67 percent, valued at 28,208 million baht, resulting in a balance of trade surplus of 26,000 million baht, while cross-border trade To the third country during May, the value was 71,409 million baht, an increase of 22.86 percent, with exports worth 35,187 million baht, a decrease of 1.6 percent, imports worth 36,222 million baht, an increase of 61.99 percent. major export markets especially fruit Both fresh durian and fresh mangosteen

For border trade and cross-border trade figures in the first five months of this year increased by 4.85 percent, valued at 742,654 million baht, only exports grew by 4.26 percent, valued at 420,739 million baht, imports expanded by 5.62 percent, valued at 321,915 million baht, resulting in a trade surplus of 98,824 million baht.

In addition, when divided into only border trade in the first 5 months, it was still negative at 8.22 percent, worth 404,852 million baht, only exports were negative 5.14 percent, worth 252,268 million baht, imports were negative 12.88 percent. equivalent to 152,584 million baht, resulting in a trade balance surplus of 99,684 million baht, while cross-border trade to third countries in the first 5 months of the year expanded by 26.41 percent, valued at 337,802 million baht, only exports grew by 22.43 percent, valued at 168,471 million baht, imports grew by 30.63 percent, valued at 169,331 million baht, trade balance deficit at 860 million baht

However, the Ministry of Commerce plans to push for border trade to support overall exports by accelerating negotiations to open border trade checkpoints continuously. To facilitate trade continuously

Source: Thai News Agency