Total border trade value decreases by US$966 mln this mini-budget period

LOCAL NEWS

The total border trade value at 18 border trade camps exceeded US$1.4 billion this mini-budget period, according to the Ministry of Commerce.
During the mini-budget period, the total border trade amounted to 1.44 billion, down $966 million compared with the last year’s figure of $2.409 billion.
From 1 October to 24 December of the 2021-22FY, the country’s export via land borders amounted to $1.02 billion, while its import shared $427.7 million.
Myawady topped the list of border checkpoints with the most trade value of $581.36 million, followed by Hteekhee with US$402.06 million.
The country conducts border trade with neighbouring China through Muse, Lweje, Kampaiti, Chinshwehaw and Kengtung, with Thailand via Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Meisei checkpoints, with Bangladesh via Sittway and Maungtaw and with India through Tamu and Reed border crossings, 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. — ACM/GNLM

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