Myanmar-China border trade values cross US$267 mln in April

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Lorries with export cargoes onboard are pictured on the Sino-Myanmar border.

The trade value between Myanmar and China topped US$267.129 million in April of the current financial year 2023-2024, according to the Ministry of Commerce.
The figures soared from $135.111 million recorded in the corresponding period last FY2022-2023.
This FY, the Sino-Myanmar border trade value was up by $122.018 million from the year-ago period.
Myanmar conducts cross-border trade with China through Muse, Lweje, Chinshwehaw, Kampaiti and Kengtung borders. Muse border performed the majority of Sino-Myanmar border trade with $185.342 million.
The value trades stood at $44.147 million at Chinshwehaw, $27.728 million at Kampaiti, $9.568 million at Lweje and $0.344 million at Kengtung respectively.
Myanmar carries out border trade with the neighbouring countries China, Thailand, Bangladesh and India.
Myanmar exports agricultural products, livestock, fisheries, minerals, forest products, manufacturing goods and other goods to external markets while capital goods, consumer goods, intermediate goods and raw materials from the CMP enterprises are imported.
At present, border trade between Myanmar and China returned to normal after the Myanmar New Year’s holidays, with around 200 trucks passing the border posts. Additionally, the Sino-Myanmar border is expected to grow this year compared to that of last year.
Myanmar sends agricultural products such as rice, broken rice, pulses, corn, onion, chilli pepper, sesame seeds, watermelon, muskmelon, mango, rubber and fishery products to China, whereas it brings in construction materials, electrical appliances, equipment, food products and pharmaceuticals. — NN/EM

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