Myanmar's border trade hits over 4 bln USD in 2013-14 FY

Xinhua | 2014-4-19 16:50:20
By Agencies






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Myanmar's border trade hit 4.585 billion USdollars in the fiscal year 2013-14, up over 830 million dollars compared with that of the same period of 2012-13 fiscal year, local media reported Saturday.

Of the total, the export stood 2.757 billion dollars while the import was 1.827 billion dollars, said the Daily Eleven.

Myanmar's border trade is conducted through 14 points with four neighboring countries, namely China, Thailand, Bangladesh and India. Of them, China is leading in Myanmar's border trade.

In a bid to promote border trade with neighboring countries, more border trade points will be opened to China and Thailand.

According to the Central Statistical Organization, foreign trade totaled 22,757.97 million dollars, with export amounting to 10,225.12 million dollars and import standing at 12,532.85 million dollars in the first 11 months (April-February) of the fiscal year 2013-14.

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Source: http://www.news.myanmaronlinecentre.com/2014/04/19/myanmars-border-trade-hits-over-4-bln-usd-in-2013-14-fy/