Border trade tops $8.9 bln

18 August


Trade between Myanmar and  its  four  neighbour-ing countries has reached US$8.9 billion as of 9 Au-gust,  this  financial  year,  according to the Ministry of Commerce.


The country’s export via border gates amount-ed  to  $  6.2  billion  while  its  import  shared  $  2.65  billion.


This fiscal year’s fig-ures  increased  by  $1.14  billion  compared  to  the  same  period  of  last  FY  when it showed $ 7.7 bil-lion.


Muse topped the list of  border  checkpoints  with  the  most  trade  val-ue of $4.3 billion, followed by  Htikhi  with  $2.14  bil-lion and Myawady with $ 824million.


Myanmar   shares   borders  with  Bangla-desh,  China,  India  and  Thailand.  Myanmar  has  17 border trade centers: Muse,   Lweje,   Chin-shwehaw,   Kanpikete,   Kengtung,   Techilek,   Myawady,  Kawthoung,  Myeik,  Nabule/Htikhi,  Mawtaung,  Maese,  Sit-twe,  Maungdaw,  Tamu,  Reik, Htantalan.


The  country’s  agri-cultural  products,  ani-mal  products,  fisheries,  minerals and forest prod-ucts  are  mainly  export-ed,  while  capital  goods,  intermediate  goods  and  consumer goods are im-ported. — GNLM (Translated by Hay Mar)