Sea trade reaches US$16.8 billion as of 8th December in current FY

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Unlike sea routes, exports performed better than imports at border gates. Photo: Phoe Khwar

Trade through sea routes fetched US$16.8 billion from 1st April to 8th December in the current fiscal year, an increase of $3.8 billion against last year.
Exports via sea routes amounted to $6.2 billion, whereas the import value was $10.6 billion. Unlike sea routes, exports performed better than imports at border gates. Border trade as of 8th December this FY totaled $5.24 billion, comprised of $3.35 billion worth of exports and $1.88 billion worth of imports.
Rice, various peas, sesame seeds, corn, vegetables, fruits, dried tea leaves, fishery products, rubber, minerals and animal products are exported to neighbouring countries whereas machinery, agricultural equipment, trucks, plastic raw materials, consumer products, cosmetics, and electronic tools enter the domestic market.
Sino-Myanmar border trade is flowing in and out of Muse, Lweje, Chinshwehaw, Kanpiketee and Keng Tung gates.
Thai-Myanmar border trade is carrying out through Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Maese. Indo-Myanmar trade is conducting via Tamu and Reed checkpoints while Sittway and Maungtaw land points of entry are Bangladesh and Myanmar.

 

 

Ko Htet

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