Myawady border trade records above US$530 mln in Q1 2023-2024FY

According to data from the Ministry of Commerce, trade volumes at the Myawady border amounted to US$530.643 million in the first three months of this financial year.
During this period, exports of corn, onions, shrimp, flounder, carp, cabbage, chilli pepper, tamarind, dried ginger, and clothes contributed to earnings of US$165.038 million. On the other hand, imports of animal feed, animal medicine, bicycles, construction materials, electrical equipment, foodstuffs, machinery and equipment, raw materials, liquefied petroleum gas, and cosmetic products reached US$365.605 million.
When compared to the same period last year, exports decreased by US$132.901 million, imports declined by US$23.794 million, and the total trade volume reduced by US$156.695 million. — TWA/CT