The figures reflected a significant increase of $317.1 million this FY compared to that of the year-ago period.
The border trade value between Myanmar and China soared to over US$3.055 billion as of 1 March of the current financial year 2023-2024, from $2.738 billion recorded year on year, the Ministry of Commerce’s statistics showed.
The figures reflected a significant increase of $317.1 million this FY compared to that of the year-ago period.
Myanmar conducts cross-border trade with neighbouring China via Muse, Lweje, Chinshwehaw, Kampaiti, and Kengtung. The Muse border registered the highest trade figure of $1.96 billion.
The trade values stood at $703.066 million via Chinshwehaw, $164.872 million via Kampaiti, $120.576 million via Lweje and $102.252 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 produce, livestock products, fisheries products, minerals, forest products, manufacturing goods and other goods. In contrast, capital goods, intermediate goods, manufacturing goods, and raw materials for CMP enterprises are imported. — NN/EM
