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Myanmar: Bigger border business

  • Jul 22, 2019

The Thailand-Myanmar border bridge gate is seen from the Myanmar side of Myawaddy town, Karen State, in 2014. Border trade between October 1 and July 5 of the current fiscal year has totaled US$8 billion, which is up by around 17 percent compared to the same period last year, according to the Ministry of Commerce. 

Total trade across Myanmar’s 17 border trade gates included US$5.6 billion in exports and US$2.4 billion in imports. 

The highest volume of trade was recorded in Muse, which borders China, totaling US$3.9 billion. This was followed by trade at the Hteekhee gate bordering Thailand, where US$1.9 billion worth of trade was recorded. 

Myanmar trades with China, Thailand, India and Bangladesh at its borders.

Source: https://www.mmtimes.com/news/bigger-border-business.html