THE border trade value between Myanmar and China declined to US$280.44 million as of 10 March of the current financial year 2024-2025, beginning 1 April, from $407.7 million recorded in the corresponding period last year, the Ministry of Commerce’s statistics showed.

The figures reflected a significant decrease of $127.28 million this FY compared to that of the year-ago period.

Myanmar conducts cross-border trade with neighbouring China via Muse, Lweje, Chinshwehaw, Kampaiti and Kengtung. The Muse border registered the highest trade figure of $140.28 billion.

The trade values stood at $67.66 million via Kampaiti, $1.214 million via Lweje and $71.27 million via Kengtung, respectively.

Myanmar has been carrying out border trade with the four neighbouring countries — China, Thailand, Bangladesh and India.

Export items are agricultural products, livestock products, fisheries products, minerals, forest products, manufacturing goods and other goods, while capital goods, intermediate goods, manufacturing goods and raw materials by CMP enterprises are imported.

NN/EM

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