Thailand's border and cross-border trade achieved a record high in 2024, surpassing 1.8 trillion baht with a growth rate of 6.1%.

The Department of Foreign Trade revealed that trade with neighboring countries, including Malaysia, Laos, Myanmar, and Cambodia, totaled 976.92 billion baht, a 5.1% increase from the previous year.

Exports to these countries amounted to 602.13 billion baht, while imports were valued at 374.79 billion baht, resulting in a trade surplus of 227.34 billion baht.

Trade with Malaysia saw the highest value at 306.68 billion baht, while Laos followed closely at 286.77 billion baht.

Myanmar's trade decreased by 5.3%, reaching 208.94 billion baht, and Cambodia's trade rose by 7.9%, totaling 174.53 billion baht.

Key exports included diesel fuel, refined oils, and concentrated latex.

The highest customs trade values were seen at Sadao, Songkhla, and Aranyaprathet checkpoints.

Cross-border trade to third countries reached 838.75 billion baht, with China being the largest trading partner at 479.87 billion baht.

The year’s performance exceeded the target of 4% growth per year set by the Strategy for Promoting Border and Cross-Border Trade and Investment 2024-2030. The Department of Foreign Trade, alongside other government agencies and the private sector, has actively promoted border trade, reinforcing sub-regional cooperation with neighboring countries.

The government aims to achieve 2 trillion baht in border and cross-border trade by 2030.