The Kawthoung border for Myanmar-Thailand trade is set to achieve a trade target of US$20 million for July, according to the Ministry of Commerce.
Fisheries exports at Kawthoung operate with a freight-on-board system. There is always a trade surplus at the Kawthoung border. The main export items are fish, shrimp, squid, crab, anchovy, and oil palms fruit.
Myanmar shipped 196.59 tonnes of fisheries worth $0.195 million, 4,035.48 tonnes of agricultural produce worth $0.979 million and 5.2 tonnes of other goods worth $0.007 million to Thailand in the first week of July, totalling $1.181 million.
Meanwhile, the country imports 19 tonnes of capital goods worth $0.012 million, 599 tonnes of intermediate goods worth $0.461 million and 11.606 tonnes of consumer goods worth $0.014 million. The Ministry of Commerce has been prioritizing trade promotion. Thailand grants zero tariffs for maize imports between 1 February and 31 August yearly. Myanmar exports maize directly from Yangon Port to Ranong Port. Some are exported through the Kawthoung border as well.
The Kawthoung border performed the fourth-largest trade among other Myanmar-Thailand border posts, the Ministry of Commerce’s statistics showed. — NN/KK
Kawthoung border aims to reach trade value of US$20M in July
- July 11, 2024
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