Cross-border commerce falls short

Cross-border trade fell by 3.4% in 2019, weighed down by the strong baht, volatile foreign exchange and the prolonged trade war.

The Commerce Ministry’s Foreign Trade Department said on Tuesday that the country’s overall cross-border trade, including transit trade, amounted to 1.337 trillion baht, falling short of the 1.6-trillion-baht target.

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Phusadee Arunmas