Border trade amounts to US$ 3.2 billion

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Trucks seen at 105-mile trade zone Muse, northern Shan State.  Photo: Phoe Khwar

The value of border trade from 1st April to 15th September this fiscal year was up by US$8.33 million when compared to that in the same point of the last fiscal year.
Border trade from 1st April to 15th September this fiscal year hit US$3.28 billion — US$2 billion in exports and US$1.27 billion in imports, according to official statistics of the ministry of commerce.
Myanmar is trading with her neighbouring countries — China, India, Bangladesh and Thailand. Sino-Myanmar border trade is carried out through Muse, Lwejel, Kanpiketee, Chinshwehaw and Kengtung gates while Myanmar is carrying out border trade with India via Tamu and Reed. The country’s border trade gates with Bangladesh are Sittway and Maungtaw.
The border trade value as of 25 August in the current FY was US$2.27 billion in Muse, US$ 91.9 million in Lwejel, US$249.8 million in Chinshwehaw, US$54.7 million in Kanpiketee, US$0.82 million in Kengtung, US$32.9 million in Tachilek, US$385.6 million in Myawady, US$69.3 million in Kawthoung, US$77.58 million in Myeik, US$2.61 million in HteeKhee, US$2.47 million in Mawtaung, US$0.27 million in Maese, US$3.47 million in Sittway, US$5.14 million in Maungtaw, US$14.62 million in Tamu and US$17.21 million in Reed.
Myanmar exports agricultural products, forest products, animal products, minerals, fishery products, manufactured goods and other products while capital goods, raw industrial materials and consumer products are imported into the country.

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