March 31, 2017

Breaking News

Border trade over US$6billion, decrease of US$60million in export

Trucks seen near Muse Border Trade Zone in Muse, northern Shan State.

Border trade as of 17th March this Fiscal Year 2016-2017 hit US$6.91 billion, a decrease of US$63.236 million in export and an increase of US$175.653million in import, according to the official statistics of the Commerce Ministry.
The decline in export through border trade is attributed to the significant decline in Muse border trade camps, which performed the largest trade out of all 16 border trade camps.
The value of border trade from 1st April to 17th March this FY was up by US$ 112.417million when compared to that in the similar point of last FY.
The border trade values as of 17th March in the current FY were US$4.72bil at Muse, US$185.588mil at Lweje, US$550.081mil at Chimshewhaw, US$93.691mil at Kan Piketee, US$4.424mil at Kengtung, US$74.260mil at Tachilek, US$866.692mil at Myawady, US$121.950mil at Kawthoung, US$193.329mil at Myeik, US$11.452mil at HteeKhee, US$3mil at Mawtaung, US$365,000 at Maese, US$4.222mil at Sittwe, US$5.666mil at Maungtaw, US$46.341mil at Tamu and US$36.724mil at Reed.

 

 

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