Cross-border activity slips to start year

Thailand’s cross-border trade fell by 6.5% year-on-year in the first two months of 2020 as the spreading coronavirus snarled the global economy and logistics systems, particularly in southern China.

The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 171.31 billion baht in January and February, with Malaysia the biggest partner for border trade.

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Phusadee Arunmas