The border trade value between Myanmar and China surged to over US$2.6 billion in the past nine months (April-December) of the current financial year 2023-2024 from $2.076 billion recorded in the year-ago period, the Ministry of Commerce’s statistics showed.
The figures reflected a significant increase of $525.6 million this FY compared to last FY.
Myanmar conducts cross-border trade with neighbouring China via Muse, Lweje, Chinshwehaw, Kampaiti, and Kengtung. Muse border saw the highest trade figure of $1.7 billion.
The trade values stood at $703.06 million via Chinshwehaw, $95.546 million via Kampaiti, $70.111 million via Lweje and $24.086 million via Kengtung, respectively.
Myanmar has been carrying out border trade with the four neighbouring countries: China, Thailand, Bangladesh and India.
Export items are agricultural, livestock, fisheries, minerals, forest, manufacturing, and other goods. In contrast, capital goods, intermediate goods, manufacturing goods and raw materials by CMP enterprises are imported. — NN/EM
Sino-Myanmar border trade sees growth in 9 months
- January 13, 2024
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