Myanmar’s border trade with neighbouring countries reached about 2.4 billion USD as of December 20 in present fiscal year 2019-2020 which started from October 1 (Source: mmbiztoday.com) Hanoi (VNA) – Myanmar’s bordertrade with neighbouring countries reached about 2.4 billion USD as of December20 in present fiscal year 2019-2020 which started from October 1.
According to the latest figures released bythe Myanmar Commerce Ministry, the country earned 1.68 billion USD from theexport to foreign countries through border gates in the reviewed period whileits border import reached 720 million USD.
This fiscal year’s border trade increasedover 615.9 million USD, compared to the same period of last fiscal year2018-2019.
During the nearly three-month period, China’sMuse border checkpoint registered with most trade value of 1.27 billion USDwhich included 841 million USD in export and 432 million USD of import.
Myanmar mainly conducts border trade withneighbouring China through Muse, Lweje, Chinshwehaw, Kanpikete and Kengtung,with Thailand through Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaungand Maese.
Border trade is also conducted withBangladesh through Sittwe, Maungtaw and with India through Tamu, Reed andThantlang border checkpoints, respectively.
About 80 percent of Myanmar’s foreign tradeis done through sea-borne trade and the country's maritime trade reached over5.96 billion USD during the period, the ministry's figures said.
Myanmar mainly exports agriculturalproducts, animal products, marine products, minerals, forest products,manufacturing goods and others while capital goods, intermediate goods andconsumer goods are imported to the country./.
According to the latest figures released bythe Myanmar Commerce Ministry, the country earned 1.68 billion USD from theexport to foreign countries through border gates in the reviewed period whileits border import reached 720 million USD.
This fiscal year’s border trade increasedover 615.9 million USD, compared to the same period of last fiscal year2018-2019.
During the nearly three-month period, China’sMuse border checkpoint registered with most trade value of 1.27 billion USDwhich included 841 million USD in export and 432 million USD of import.
Myanmar mainly conducts border trade withneighbouring China through Muse, Lweje, Chinshwehaw, Kanpikete and Kengtung,with Thailand through Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaungand Maese.
Border trade is also conducted withBangladesh through Sittwe, Maungtaw and with India through Tamu, Reed andThantlang border checkpoints, respectively.
About 80 percent of Myanmar’s foreign tradeis done through sea-borne trade and the country's maritime trade reached over5.96 billion USD during the period, the ministry's figures said.
Myanmar mainly exports agriculturalproducts, animal products, marine products, minerals, forest products,manufacturing goods and others while capital goods, intermediate goods andconsumer goods are imported to the country./.
VNA
