Normal trade hit over US$1.4billion as of 28th April this Fiscal Year

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Botahtaung container yard in Yangon Photo: Phoe Khwar

Normal trade value from 1st to 28th April in the current fiscal year 2017-2018 was US$1.44 billion, which is up by over US$380million compared to the same point last year, according to the statistics of the Commerce Ministry.
Exports through sea routes fetched over US$535million, whereas imports reached over US$900million. In the same period, the value of trade through border camps was over US$420million. External trade amounted to over US$1.8billion, an increase of nearly US$400million than that of last year. The country exports agricultural products, fishery products, minerals, animal products, forest products, finished industrial goods and other products while capital goods, personal goods and raw industrial materials are imported into Myanmar.
Myanmar is conducting border trade with China through Muse, Lweje, Kanpiketee, Chinshwehaw and Kengtung while the country is trading with Thailand through the Tachilek, Myawady, Kawthaung, Myeik, Hteekhee, Mawtaung and Maese border gates. The cross-border trade camps between Myanmar and Bangladesh are Sittway and Maungtaw, while the country trades directly with India via the Tamu and Reed border gates. —Mon Mon

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