Myanmar-Bangladesh border trade slumps by $16 mln as of 10 September

Photo sskm
Cargoes are loaded on the vessel at the Myanmar Bangladesh border.

The border trade between Myanmar and Bangladesh hit US$35.4 million as of 10 September in the current financial year of 2020-21, according to a report from the Ministry of Commerce.
According to statistics, the border trade during this period has seen a drop, decreasing by $16 million, compared with that of the same period last year when the total bilateral border trade was only $51.4 million.
Myanmar- Bangladesh total border trade included Myanmar export of $16.98 million its imports of $18.43 million.
Myanmar exports goods to Bangladesh through both maritime and land routes. Bilateral border trade is conducted mainly through the Sittway and Maungtaw points of entry.
The products traded between the two countries include bamboo, ginger, peanuts, saltwater prawns and fish, dried plum, garlic, rice, mung bean, blankets, candy, plum jam, footwear, frozen foods, chemicals, leather, jute products, tobacco, plastic, wood, knitwear and beverages, according to the Ministry. — ACM/GNLM

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