India-Myanmar border trade decreases by $9 million

February 26, 2018

The India-Myanmar border trade was valued at US$70 million between 1 April and 16 February in the current fiscal year, registering a decrease of $9 million compared with last week.

During the week extending from 3 to 9 February, some 817 tonnes of betel nuts with an estimated value of $0.69 million were exported to India through the India-Myanmar border gates — Tamu and Reed — according to recent news released by the Commerce Ministry.

The volume of betel nuts exported from 3 to 9 February was 523 tonnes less than the quantity exported in the preceding week, when more than 1,340 tonnes were exported. In addition to betel nuts, the India-Myanmar checkpoints saw the re-export of gasoline and the export of spices, cement, footwear, blankets, snack items, apparel and cigarettes.

Htet Myat

Ref; The Global New Light of Myanmar