March 8
TRADE between Myanmar and Bangladesh as of 25 February since October this mini-budget year has exceeded US$ 18 million, down $2.49 million from the same period last year, according to the monthly data issued by the Ministry of Commerce.
Between 1 October and 25 February of this mini-budget period, the Myanmar-Bangladesh trade through border checkpoints has touched $18.002 million, with exports worth $17.92 million and imports amounting to $0.080 million.
Compared with the same period last year, the value of exports between the two countries increased by $10.965 million, while imports declined by 13.462 million. For the same period last year, the total trade between the two countries was valued at $20.498 million, with $6.957 million in exports in $13.541 million in imports.
Myanmar exports goods to Bangladesh through both maritime and land routes. Bilateral border trade is mainly conducted through the Sittway and Maungtaw points of entry.
The products traded between the two countries include bamboo, ginger, peanut, saltwater prawns and fish, dried plums, garlic, rice, mung beans, blankets, candy, plum jams, footwear, frozen foods, chemicals, leather, jute products, tobacco, plastics, wood, knitwear, and beverages. — ZYA/GNLM
