Myanmar’s border trade hits over $4b in 10 months

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Myanmar border trade1Myanmar’s border trade hit §4.01 billion in the first 10 months of (April-Jan) of the 2013-14 fiscal year, according to official figures released on February 8.  The trade is done through 14 points with four neighboring countries, namely China, Thailand, Bangladesh and India.

Of the total, Myanmar largest border trade point “Muse” alone accounted for $3.12 billion in the same period. Lewjie, Chin Shwe Haw and Kanbiketee stand as other trade points with China, while Tachileik, Myawady, Kaw Thaung, Myeik, Nabule, Htikhee and Mawtaung with Thailand, Sittway and Maungtaw with Bangladesh and Tamu and Reed with India.

According to official statistics, as of September 2013, Myanmar ‘s foreign trade totaled $15.27 billion, of which the export stood at $7.43 billion while the import was $7.84 billion.

Myanmar mainly exports clothing and agricultural products, as well as gems, teak products and oil and natural gas.

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Reading Time: 1 minute

Myanmar’s border trade hit §4.01 billion in the first 10 months of (April-Jan) of the 2013-14 fiscal year, according to official figures released on February 8.  The trade is done through 14 points with four neighboring countries, namely China, Thailand, Bangladesh and India.

Reading Time: 1 minute

Myanmar border trade1Myanmar’s border trade hit §4.01 billion in the first 10 months of (April-Jan) of the 2013-14 fiscal year, according to official figures released on February 8.  The trade is done through 14 points with four neighboring countries, namely China, Thailand, Bangladesh and India.

Of the total, Myanmar largest border trade point “Muse” alone accounted for $3.12 billion in the same period. Lewjie, Chin Shwe Haw and Kanbiketee stand as other trade points with China, while Tachileik, Myawady, Kaw Thaung, Myeik, Nabule, Htikhee and Mawtaung with Thailand, Sittway and Maungtaw with Bangladesh and Tamu and Reed with India.

According to official statistics, as of September 2013, Myanmar ‘s foreign trade totaled $15.27 billion, of which the export stood at $7.43 billion while the import was $7.84 billion.

Myanmar mainly exports clothing and agricultural products, as well as gems, teak products and oil and natural gas.

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