Bangkok (VNA), July 12 -- Thailand's cross-border trade was down by 9.7 percent year-on-year in the first five months of 2020 due to the impacts of COVID-19 pandemic on the global economy, and neighbours' closure of nearly all border checkpoints.

Statistics releases by the Foreign Trade Department showed the country's overall cross-border trade, including transit trade, totalled 524.35 billion THB (16.74 billion USD) from January to May, with Malaysia remaining the biggest partner by value.

Of the total figures, exports from Thailand were 305.72 billion THB, down 9 percent from the first five months of last year, while imports were 218.63 billion THB, down 10.7 percent, resulting in a trade surplus of 87.09 billion THB

Two-way trade wi...