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Myanmar-Thailand Bilateral Trade Dr
- Subject: Myanmar-Thailand Bilateral Trade Dr
- From: darnott@xxxxxxxxxxx
- Date: Thu, 10 Aug 2000 17:10:00
Myanmar-Thailand Bilateral Trade Drops in 1999-2000
Xinhua, Rangoon, 10 August, 2000. Bilateral trade between Myanmar
and Thailand, including the border trade, came to 393.83 million
U. S. dollars in 1999-2000 fiscal year which ended in March, a drop of
33.78 percent compared with 1998-99 fiscal year, according to the latest
Economic Indicators published by the Central Statistical Organization.
Of the total bilateral trade in 1999-2000 fiscal year, Myanmar's import from
Thailand amounted to 330.45 million dollars, falling by 8.4 percent from
1998-99 fiscal year.
Meanwhile, Myanmar's export to Thailand stood at 63.38 million dollars,
down by 72.8 percent compared with 1998-99 fiscal year when it was
233.76 million dollars.
In 1999-2000 fiscal year, there was a trade deficit of 267.07 million dollars
for Myanmar in its bilateral trade with Thailand, which accounted for 10.32
percent of Myanmar's total foreign trade.
In addition to normal trade, Myanmar also has border trade with Thailand,
opening up four border trade points at Tachilek, Myawaddy, Kawthoung
and Phaya Thonzu.
Thailand stands as Myanmar's third largest trading partner after Singapore
and China. Thailand also stands as the third largest foreign investor in
after Singapore and Britain, with a total investment of over 1.252 billion
in 46 projects.