Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Border Trade with Neighbours Drops Except with China

Border trade between Myanmar and most of its neighbours has slowed, according to the Department of Commerce and Consumer Affairs (DCCA). Director of DCCA U Tay Za Aung Win said, “Border trade with China remains normal but due to instabilities in other countries the trade has suffered. Some imports from Thailand have decreased and trade […]

Myanmar-Thailand border trade earns nearly US$ 700 million—mostly in imports

Myanmar-Thailand border trade has reached nearly US$ 700 million (Ks 676.19 billion), with the Myawady border trade camp and others accounting for the majority of this volume, according to the Commerce and Customer Affairs Department of the Ministry of Economics and Commerce. Myanmar-Thailand border trading from April 1 last year through the second week of […]

Trade volume hit US$21 bn one month ahead of budget closing

Latest release of the Ministry of Commerce shows that the total trade volume of Myanmar has reached over US$21.33 billion as at February 7. The figure indicates that Myanmar needs to strive for another US$3.7 billion trade in the remaining one and a half months to meet its target of US$25 billion by the budget […]

Bilateral trade with Bangladesh needs a boost

Bilateral trade between Myanmar and Bangladesh in this fiscal year is the lowest compared to other neighbouring countries, according to the sources from Ministry of Commerce. Myanmar earned more than US$3.4 billion from the border trade with China, India, Thailand and Bangladesh from April 1 to December 13. China is the biggest trade partner with […]

Exports to the U.S. top US$11 million this year

Myanmar has exported more than US$ 11 million worth of products, mainly in garments and fishery, to the United States this fiscal year, according to government statistics. The figures show a sizeable increase from US$ 2.81 million earned in exports to the U.S in the same period last year. The United States lifted economic sanction […]

Myanmar’s trade volume nearly hit US$16bn

Myanmar’s total trade volume has nearly hit US$16 billion in the first nine months of fiscal year 2013-14, according to the Ministry of Commerce. The trade volume reached US$15.92 billion between April 1 and December 6, which is US$3.65 billion up from the same period last year. The government has targeted US$25 billion for the […]

Myanmar gets US$350m from seafood export

Myanmar has earned more than US$350 million from over 200,000 tons of fisheries products exported in the past eight months of this fiscal year (2013-14), according to Ministry of Livestock, Fisheries and Rural Development. The country expected to earn US$ 440 million this year from the seafood export through the normal trade routes. And it […]

Myanmar earns more from border trade with Thailand

Myanmar’s border trade with Thailand has also increased in this fiscal year. The country has earned US$ 352 million from border trade with Thailand till October 11 from April 1 in this fiscal year (2013-14), according to official data. Recent data from Department of Commerce and Consumer Affairs shows it was US$ 141 million up […]