Export revenue from Muse border trade drops by US$600m

Myanmar recently launched its updated National Export Strategy for the next five years. The Ministry of Commerce will be adding fruits and vegetables, gems and jewellery, handicrafts, processed food products and digital businesses as potential export sectors. But the government must first address leakages occurring at the border that result in lower than optimal export […]

China suspends rice imports from Myanmar after bank freezes

] Chinese merchants have suspended its rice imports from China-Myanmar border after a freeze on bank accounts of merchants, said Than Oo, secretary of Bayintnaung Rice Brokerage Center. “Rice prices remain unchanged as China has suspended rice imports from Myanmar. Rice prices will go up when there are high demands from China. Rice trading is […]

Trade flourishes at Muse checkpoint

Trade flow at the Muse border hub is thriving, with large exports of rice and corn to China, according to checkpoint officials. Between 140 and 180 rice trucks and between 120 and 170 corn trucks pass through the border gate at Muse every day. However, fruit exports are in decline as the season has ended. […]

Rice exports to China surge

Myanmar rice exports to China through the Muse border crossing have swelled due to increased demand from China and fewer seizures by Chinese authorities, according to merchants from Muse. “Demand is up. Export is surging,” a merchant said. On average, about 4,500 tonnes of rice and 1,500 tonnes of broken rice are exported daily through […]