Border trade reaches about 2.4 billion USD

01 January 2020
Border trade reaches about 2.4 billion USD
Trucks travelling along a road near Muse in Myanmar's Shan state, near the border to China. Photo: Ye Aung Thu/AFP

Myanmar’s border trade with neighbouring countries reached about 2.4 billion USD as of December 20 in present fiscal year 2019-2020 which started from October 1, Vietnamplus reported.

According to the latest figures released by the Myanmar Commerce Ministry, the country earned 1.68 billion USD from the export to foreign countries through border gates in the reviewed period while its border import reached 720 million USD.

This fiscal year’s border trade increased over 615.9 million USD, compared to the same period of last fiscal year 2018-2019.

Myanmar mainly conducts border trade with neighbouring China through Muse, Lweje, Chinshwehaw, Kanpikete and Kengtung, with Thailand through Tachilek, Myawady, Kawthoung, Myeik, Hteekhee, Mawtaung and Maese.