July 5, 2017
Border trade
from 1 April to 23 June this financial year was estimated at US$1.66 billion,
representing a $117 million increase compared to the same period last year.
Exports
increased $48 million and imports increased by $69.35, according to the
official statistics of the Ministry of Commerce. Myanmar’s main trading
partners include China, India, Thailand and Bangladesh. Myanmar’s trade with
China primarily takes place at Muse, Lweje, Kanpiketee, Chinshwehaw and
Kengtung ports of entry; Myanmar’s Indian trade primarily takes place at Tamu
and Reed; Thai trade at Kawthaung and Myawady; and Bangladeshi trade at Sittway
and Maungtaw.
The increase in
export through border trade is due to the major increase in trade volume at
Muse, which experienced the largest trade volume of all Myanmar’s land ports of
entry.
As of 23 June,
border trade value was $1 billion at Muse, $56.7 million in Lweje, $126 million
in Chinshwehaw, $40.6 million in Kanpiketee, under $ 1 million in Kengtung,
$19.2 million in Tachilek, $177 million in Myawady, $34.9 million in Kawthoung,
$38.2 million in Myeik, $2.06 million in Htee Khee, 1.05 million in Mawtaung,
under 1 million in Maese, under 1 million in Sittway, US$2.53 million in
Maungtaw, $6.44 million in Tamu and $10.27 million in Reed.
Myanmar’s main
exports include agricultural products, forest products, animal products,
minerals, fishery products, manufactured goods and other products while capital
goods, industrial raw materials and consumer products are mostly imported into
the country.
Ref; The Global
New Light of Myanmar
No comments:
Post a Comment