Myanmar and Thailand border trade reaches nearly $ 623 mln

Myawady Trade Zone is Myanmar’s second largest border trading post. Photo : Htein Lin Aung (IPRD)
Myawady Trade Zone is Myanmar’s second largest border trading post. Photo : Htein Lin Aung (IPRD)

The value of border trade between Myanmar and Thailand has reached nearly US$623.84 million, with the Hteekhee border trade gate accounting for the largest volume of trade, according to the weekly statistical report of the Ministry of Commerce.
Myanmar-Thailand border trade totalled $623.8 million between 1 October 2019 and 6 December 2019, which included $414 million in exports and $209.8 million in imports.
These figures declined by $27.52 million, compared to the same period last year.
Myanmar mainly conducts border trade with neighboring Thailand through seven border checkpoints – Tachileik, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Maese gates.
From 1 October to 6 December this year, Hteekhee border gate saw the largest border trade value of $ 291.7 million, followed by Myawady with $202.5 million and Kawthoung with $69.3 million.
Myanmar primarily exports fishery products, such as crab, fish and shrimp, as well as onions, sesame, dry tea leaves, coconut and turmeric, while consumer goods, cosmetic machinery, food products, agricultural equipment and track cars are imported into the country from Thailand.
The country is also trading with neighbouring China, India and Bangladesh. Sino-Myanmar border trade is conducted through Muse, Lweje, Kanpiketee, Chinshwehaw and Kengtung gates, while Myanmar is carrying out border trade with India via Tamu and Reed.—GNLM (Translated by Hay Mar)

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