Myanmar’s border trade reaches over $2.67 bln as of 18 Feb

Myanmar’s trade with foreign countries through border gates reached over US$2.67 billion as of 18 February in mini budget year 2021-22 financial year which started in October, according to figures released by the Ministry of Commence.
During the period, the country’s export via border gates earned $1.94 billion while its import shared $730 million.
According to the ministry’s figures, this fiscal year’s border trade decreased by $1.92 billion, compared to the same period of last fiscal year 2020-2021 when it recorded $4.59 billion.
Myawady topped the list of border checkpoints with the most trade value of $998 million, followed by Hteekhee with $776 million.
The country conducts border trade with neighbouring China through Muse, Lwejel, Kampaiti, Chinshwehaw and Kengtung, with Thailand via Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Maese borders, with Bangladesh via Sittway and Maungtaw and with India through Tamu and Reed borders, respectively.
Myanmar mainly exports agricultural products, animal products, marine products, minerals, forest products, manufacturing goods and others while capital goods, intermediate goods and consumer goods are imported to the country. —ZYA/ GNLM