Myanmar-China border trade volume increases day by day in April

Myanmar-China border trade volume increases day by day in April
Published 9 April 2020
Nilar

Trade volume of Myanmar and China is reached US$10 million daily now as trade activities are resumed since at the end of February though Myanmar-China border trade volume reduced to over US$1 M daily before the end of February due to COVID-19 outbreak, according to an announcement from Ministry of Commerce.

Although trade activities in Muse 105-mile border trade center are not stopped, trade volume was between US$10 and US$15 million daily before the travel restrictions in China. It is reduced between US$1 and US$2 million daily after the travel ban in China. However trade activities are resumed from February 24 and the trade volume is reached over US$10 million daily and trade is returned to nearly normal, according to the announcement.

Trucks from provinces with no COVID-19 infection are allowed to enter Ruili and Kyegaung and Myanmar imported over 16,900 tons of CMP raw materials worth US$54.602 million via Muse within two-month time, it said.

Five or seven truckloads of CMP raw materials are imported daily through Muse from February 15. The import is increased and reached to about 30 truckloads of CMP raw materials daily till March 10 and about 60 truckloads of CMP raw materials daily till March 22.

At the present, the import of CMP raw materials is reached to 70 truckloads daily and it is more 20 truckloads of CMP raw materials in compared with the import being made before the shortage of raw materials due to the COVID-19, according to the ministry.