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Cross-border trade to China in 2023 grew, with fresh durian taking the top spot, worth more than 90 billion baht.

Nonthaburi,, Director-General of the Department of Foreign Trade reveals that cross-border trade to China in 2023 will expand by more than 44.1%, especially the export of fresh durian to China is the champion, worth more than 90 billion baht, expanding 81.7%. Mr. Ronarong Poolpipat, Director-General of the Department of Foreign Trade Revealing figures for border trade and cross-border trade in December 2023, there was a total trade value of 142,567 million baht, consisting of 80,929 million baht of exports and 61,638 million baht of imports. Thailand had a trade balance in December 2023 totaling 19,292 million baht, and when combined for the whole year. 2023 Thai border and border trade has a total trade value of 1,742,808 million baht, a decrease of -2.6% compared to the same period last year. It is exports of 980,729 million baht (-4.6%) and imports of 762,079 million baht (+0.2%), with Thailand having a trade balance for the entire year 2023 totaling 218,650 million baht. Border trade with 4 neighboring countries for the whole year 2023 has a total trade value of 929,730 million baht, divided into exports of 580,100 million baht, imports of 349,630 million baht, and Thailand has a total trade balance of 230,471 million baht, with Malaysia being the number 1 border trading partner of Thailand, in 2023 has a total trade value of 287,155 million baht, followed by Lao PDR with 260,512 million baht, Myanmar with 220,327 million baht and Cambodia with 161,736 million baht. Important border export products in 2023 include diesel at 40,143 million baht, oil other ready-made goods, 19,672 million baht, and computers and other equipment, 15,120 million baht. The customs checkpoint with the highest border trade value is Sadao Customs Checkpoint, 226,254 million baht, followed by Mae Sot Customs House and Aranyaprathet Customs House It has a trade value of 106,835 million baht and 97,185 million baht, respectively. In terms of cross-border trade to third countries, in 2023 there was a total trade value of 813,078 milli on baht, an increase of 11.2% compared to the previous year. It is exports of 400,629 million baht (+5.3%) and imports of 412,449 million baht (+17.7%), with China being the number 1 cross-border trading partner in 2023 with a total trade value of 423,116 million baht, followed by Singapore with 106,676 million baht. and Vietnam, 70,138 million baht. Important cross-border export products in 2023 include fresh durian 93,692 million baht, hard disk drives 77,685 million baht, and TSNR rubber blocks 28,280 million baht. The customs checkpoint with the highest value of cross-border trade is Mukdahan Customs Checkpoint. 286,425 million baht, Sadao Customs House 207,944 million baht and Nakhon Phanom Customs House 95,392 million baht In 2023, even though border trade with Thailand's neighboring countries will slow down due to the fragile domestic situation of neighboring countries such as Lao PDR, where inflation is high and the Kip value continues to depreciate. The fighting situation in Myanmar Cambodia's domes tic consumption demand has not yet fully recovered. However, Thai cross-border trade has expanded again in both total trade value and exports. especially cross-border trade to China which accounts for 52% of Thailand's cross-border trade. There was a total trade value of 423,116 million baht, an expansion of 44.1%, and an export value of 213,815 million baht, an expansion of 35.4%. Cross-border export products to China that expanded highly in 2023 included fresh durian, 93,664 million baht (+81.7%). Hard disk drive 26,975 million baht (+41.8%) and processed wood 19,187 million baht (+49.9%). Important customs checkpoints for exporting fresh durian to China include Mukdahan, Nakhon Phanom and Chiang Khong customs checkpoints, while hard disk drives Exported through Mukdahan Customs House and processed wood exported through Sadao Customs House. and Padang Besar 'In 2024, the Ministry of Commerce will continue to accelerate border and border trade under the 'Strategy for Promoting Border and Border Trade and In vestment 2024 - 2027' by integrating with relevant government agencies in Promote border and border trade in accordance with government policy, such as establishing a one-stop border trade service center (One Stop Service: OSS) and linking export-import documents through the National Single Window (NSW) system to facilitate Convenience of integrated border trade/transit. In 2023, OSS centers can be opened in 8 provinces, namely Chiang Rai, Tak, Trat, Songkhla, Nong Khai, Nakhon Phanom, Mukdahan and Udon Thani. In addition, the Deputy Prime Minister and Minister of Commerce (Mr. Phumtham Wechayachai) gave the policy to the Ministry of Commerce. and related agencies To expedite action in every dimension to allow trade and investment to expand. He himself is scheduled to travel to meet with senior executives of the Lao PDR to discuss ways to solve the problems of border trade obstacles between Thailand and the Lao PDR, as well as promote border and border trade to expand even more. up,' Mr. Ronarong said. Sour ce: Thai News Agency