Government upbeat as cross-border trade rises
Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.
Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht between January and April, 295 billion of which belonged to border trade, up by 17% year-on-year, with 231 billion from transit trade, a rise of 41.9%.
Transit trade involves the passage of goods through more than one country.
Phusadee Arunmas
