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In the first three months of the 2021-2022 fiscal year (Mini Budget), trade at four Myanmar-China border trade points was just over $ 345 million, four times less than the same period last year

In the three months of the 2021-2022 fiscal year (Mini Budget), the trade volume from the four Myanmar-China border trade points was just over $ 345 million, four times less than the same period last year, according to the Ministry of Commerce. In the three months from October to the end of December of the 2021-2022 fiscal year, the trade volume from the four Myanmar-China border trade points was $ 345.337 million. In the same period of the fiscal year 2020-2021, it received $ 1,747.419 million. Compared to the same period last year, in the first three months of the current fiscal year, it was $ 1,402.082 million less than the same period last year.

In the three months from October to the end of December of the 2021-2022 fiscal year, trade from the Muse border amounted to $ 321.777 million. 0.005 million from Lweje border; 15.398 million from Chin Shwe Haw border; $ 8.157 million from the border with the United States. $ 1,382.928 million from the Muse border in the same period last year; $ 73.558 million from Loije border; 160.491 million from Chin Shwe Haw border; It received $ 130.442 million from the Kanpokti border. Compared to the same period last year, cross-border trade in Muse increased by US $ 1,061.151 million in the first three months of the current fiscal year compared to the same period last year. $ 73.553 million from Loije border; $ 145.093 million from Chin Shwe Haw border; $ 122.285 million less from the border.

During the three months of the 2021-2022 fiscal year (Mini Budget), Myanmar’s exports and imports fell by more than $ 693 million, down from the same period last year, according to figures released by the Ministry of Commerce. From October 1 to the end of December of the 2021-2022 fiscal year, Myanmar’s foreign trade volume was only $ 7.239 billion. In the same period last year, foreign trade reached $ 7.932 billion. In the first three months of the current fiscal year, trade decreased by $ 693.481 million compared to the same period last year.

During the same period, Myanmar exported just over $ 3.705 billion, down $ 318 million from the same period last year. Imports amounted to $ 3.533 billion, down more than $ 374 million from the same period last year. Myanmar exports agricultural products Animal products Fishery products; Minerals; Forest products; It is exporting finished industrial products (CMP) and other products. Imports include investment goods; Business raw materials; Consumer goods Mainly imports CMP raw materials. Myanmar’s annual foreign trade in the 2012-2013 fiscal year was $ 8977.015 million. Imports amounted to $ 9068.914 million and the trade volume was $ 18045.929 million. In the 2015-2016 financial year, exports were $ 11,136.878 million. Imports were $ 16,577.948 million and trade was $ 27714.826 million.

Source: Daily Eleven

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