The border trade value between Myanmar and China surpassed US$2.839 billion in the past ten months (April-January) of the current financial year 2023-2024, rising from $2.42 billion recorded in the year-ago period, the Ministry of Commerce’s statistics showed.
The figures reflected a remarkable increase of $412.146 million this FY compared to last FY.
Myanmar conducts cross-border trade with neighbouring China via Muse, Lweje, Chinshwehaw, Kampaiti, and Kengtung. The Muse border saw the highest trade figure of $1.836 billion.
The trade values stood at $703.066 million via Chinshwehaw, $36.266 million via Kampaiti, $98.566 million via Lweje, and $64.435 million via Kengtung.
Myanmar has been conducting border trade with the four neighbouring countries: China, Thailand, Bangladesh and India.
Export items are agricultural produce, livestock products, fisheries products, minerals, forest products, manufacturing goods and other goods. In contrast, capital goods, intermediate goods, manufacturing goods and raw materials by CMP enterprises are imported. — NN/EM
Sino-Myanmar border trade surges in past ten months
- February 15, 2024
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