Myanmar border trade with China crosses over US$586M in Q1

The border trade value between Myanmar and China hit US$586.387 million in the first quarter (April-June) of the current financial year 2024-2025 beginning 1 April, which dropped from $964.84 million recorded in the corresponding period last year, the Ministry of Commerce’s statistics showed.
The figures reflected a significant decrease of $378.453 million this FY compared to that of the year-ago period.
Myanmar conducts cross-border trade with the neighbouring country China via Muse, Lweje, Chinshwehaw, Kampaiti and Kengtung. The Muse border registered the highest trade figure of $329.11 million.
The trade values stood at $113.223 million via Kampaiti, $1.214 million via Lweje and $142.839 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, while capital goods, intermediate goods, manufacturing goods and raw materials by CMP enterprises are imported. — NN/KK