Trade volume via Myawady, Tachilek exceeds US$40 mln in Feb 2nd week

The Tachilek Border.

The trade volume at the Myawady Trade Zone and the Tachilek Trading Post (Maeyang) stood at US$40.718 million within the second week of February, statistics of the Ministry of Commerce indicated.
From 11 to 17 February, $17.012 million worth of goods were exported and $20.561 million worth of goods imported through the Myawady Trade Zone, the trade volume totalling $37.573 million. Compared to the performance of the previous week, the value of exports and imports decreased by $0.411 million and $0.433 million respectively, and the value of trade dropped by $0.844 million as well.
The Tachilek Trading Post (Maeyang) has been trading with the neighbouring countries China and Thailand. Between 11 and 17 February, it carried out an export value of $1.421 million, an import value of $1.724 million and the trade value of $3.145 million. Compared to the previous week’s trading status, $0.475 million in export value increased and $0.081 million in import value decreased.
This week, the Myawady Trade Zone sent fewer exports of peanuts, tamarind, white sesame, black sesame, rice flour, other agricultural products, metals and ores, other mineral products, crab and eel. Imports of motorcycle and spare parts, agricultural trailers and other vehicles, electricity distribution and installation equipment, wires, engines, finished metal construction materials, lace and embroidered textiles, bicycle accessories and other items are low.
At the Tachilek Trading Post (Maeyang), although items of dried prawn shells, old plastic cans, old cardboard paper, tangerines and tobacco leafs decreased, more brooms were exported than the previous week.
Although tractors, machinery and equipment, glass building materials, electricity distribution and installation equipment, mineral building materials, iron and steel construction materials, petroleum products, paints, polish, metal raw materials, galvanized iron sheet, tyres and inner tubes, pharmaceutical products, soap, sports equipment, ready-made clothes, kitchen appliances and other items were imported more, cement, commercial vegetable oils, chemicals, plastic raw materials, iron and steel products were imported less. Such fluctuations influenced the trade volume, according to the trade list. — TWA/CT

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