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

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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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. 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...

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.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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