Border trade between Myanmar and Bangladesh increases

Workers carrying sack of rice in Maungtaw Township. Photo: MNA

The value of border trade between Myanmar and Bangladesh, as of 9 February, reached US$22 million, which showed an increase of $13 million, compared with the same period last fiscal year (FY), state media reported quoting the Ministry of Commerce.

Border exports between the two countries this FY increased by more than $21.759 million, compared with last FY, whereas the value of border imports was $0.567 million.

Border trade between the two countries is conducted through the Sittway and Maungtaw cross-border trade camps. From last April until February, trade through the Maungtaw gate reached $10.928 million, while trade from the Sittway border point was valued at $10.831 million.

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