Sittway, Maungtaw posts reap trade value of US$0.07878 mln as of August 2nd week

Sittway and Maungtaw trade posts performed a trade volume worth US$0.07878 million with Bangladesh as of the second week of August, and the largest number of fishery products was exported through the Maungtaw border.
The Sittway trade post carried out $0.0258 million of trade with Bangladesh from 12 to 15 August, as the actual export and import records of the Customs Department indicated. It is reported that there was no action in the import operations section.
Only 12-wheeler and six-wheeler trucks are able to travel the Yangon-Sittway Highway due to the limited road and bridge load capacity in the rainy season. Shipping boats are running back and forth on the Myanmar-Bangladesh trade route depending on the sea weather conditions during the rainy season.
As for the Maungtaw trade post, agricultural produce, fishery products, and finished industrial products were mainly exported to Bangladesh until mid-August, with no record of imports.
Goods enter the Maungtaw trade post from the Sittway-Buthidaung-Maungtaw route and the Sittway-Agnumaw-Maungtaw route. Currently, goods are mainly coming in from the Sittway-Agnumaw-Maungtaw route and are being exported to Bangladesh through the Kanyinchaung economic zone, according to the Ministry of Commerce. — TWA/CT