Bilateral border value between Myanmar-India hit $ 193 mln

001 sskm 720x410 mk
Local people and business people from Myanmar are leading to India for trading.

The border trade between Myanmar and India hit US$193 million as of 23 July in the current financial year 2020-21 ending September, said a statistical report of Myanmar’ Commerce Ministry.
The border trade during the period increased by $109 million compared with the same period of the previous FY.
The Myanmar-India total border trade during the period was shared by Myanmar’s export of over $192 million and its import of $1.5 million.
Much of Myanmar-India cross-border trade is conducted via Thantlang and Reed camps in Chin state, and Tamu in Sagaing region while a major part of bilateral trade are delivered through ship.
Myanmar mainly exports to India fruits and vegetables, fishery and forestry products while importing from India the medicines, electronic products, motorbikes, cotton yarn, non-alloy steel and other construction materials.
India is one of Myanmar’s top trade partners. The two countries signed a bilateral border trade agreement in 1994.
Meanwhile, Myanmar’s border trade with four neighboring countries, China, India, Thailand and Bangladesh totalled $6.98 billion shared by $4.55 million in export and $2.43 million in import.—ACM/GNLM

Share this post
Hot News
Hot News
Shan United technical director to handle Myanmar U-19 football team
Onion price plummets in regional markets
Applications for admission to master classes at YUE invited
Palm oil market sees steep plunge in price before Thingyan holidays
The following documentary photos are portraying the Parade on the 78th Anniversary of Armed Forces Day held in Nay Pyi Taw on 27 March 2023: –
Higher Potential Boredom Threshold in Language Study
Remove the danger of narcotic drugs for the future of youths
Dinner hosted in honour of 78th Anniversary of Armed Forces Day
SAC Vice-Chair Dy C-in-C of Defence Services C-in-C (Army) Vice-Senior General Soe Win and wife pay respects to Independence Mawgun award winners who attended 78th Anniversary of Armed Forces Day Parade
Families of Tatmadaw (Army, Navy and Air) led by SAC Chairman Defence Services C-in-C Senior General Thadoe Maha Thray Sithu Thadoe Thiri Thudhamma Min Aung Hlaing and wife pay respects to retired senior military officers who attended 78th Anniversary of Armed Forces Day Parade