The trade volume on Myanmar-China border has reached more than 5,450 million during the current fiscal year. From October 1 to the end of August in the previous FY, there were more than US$ 6,470 million. Especially, border trade volume decreased by more than 1,270 million in Muse and Lwejel border trade camps, according to the Ministry of Commerce.
From October 1 to the end of August in 2017-2018 FY, border trade volume reached US$ 5,685.157 million in Muse border trade camp, US$ 219.073 million in Lwejel border trade camp, US$ 426.605 million in Chinshwehaw border trade camp and US$ 140.012 million in Kanpikete border trade camp.
From October 1 to the end of August in 2018-2019 FY, border trade volume reached US$ 4,535.796 million in Muse border trade camp, US$ 183.925 million in Lwejel border trade camp, US$ 491.058 million in Chinshwehaw border trade camp and US$ 284.675 million in Kanpikete border trade camp.
When these two periods are compared, border trade volume increased by US$ 1,194.388 million in Muse border trade camp. The border trade volume decreased by US$ 80.121 million in Lwejel border trade camp. Border trade volume increased by US$ 64.453 million in Chinshwehaw border trade camp and by US$ 144.633 million in Kanpikete border trade camp.
The major countries trading with Myanmar are China, Thailand, India, Japan, ROK, Singapore and Malaysia. Border trade partners are China, Thailand, India and Bangladesh.
There are a total of 17 border trade camps. There are Muse, Lwejel, Chinshwehaw and Kanpikete on Myanmar-China border trade and Kengtung, Tachilek, Myawady, Kawthoung, Myeik, Nabule/Htikhee, Maungdaw and Mesel on Myanmar-Thailand border trade. Myanmar is trading with India and Bangladesh through the remaining border trade camps.
Translated and Edited by Win Htut
