​Thailand trade set for ‘notable’ growth in 2024

Officials in Thailand’s Trat province are hopeful for a rebound in cross-border trade with Cambodia’s Koh Kong province this year. The optimism follows a downturn in 2023 and is inspired by recent commitments from both countries’ leaders to enhance bilateral trade.

Natthawut Saradan, assistant chief of Klongyai Customs House at the Hat Lek border point opposite Koh Kong, was quoted by Thai media as saying that trade between the two provinces in the previous fiscal year totalled 31.8 billion baht ($879.1 million), a decrease from 33.9 billion baht ($937.1 million) in the 2022 fiscal year, which begins on October 1 annually.

He reported that trade through the checkpoint from October to December 2023, marking the first quarter of the current fiscal year, exceeded 6.8…