Ministry of Commerce announced that total trade value at 18 borders amounted to over US$9.56 billion from 1 October to 21 August in 2019-2020 Financial Year (FY), an increase of $334 million compared to the same period of last year. The border trade value hit $9.23 billion last year. The total border trade value included $6.45 billion in export and $3.11 billion in import.
Muse border sees the highest value of border trade with an estimated cost of more than $4.27 billion this FY followed by Hteekhee with $1.84 billion and Myawaddy with $1.08 billion. Myanmar’s major export items are farming, animal, marine, forest, mining, CMP and other products and import items are capital goods, industrial raw materials, personal goods and CMP raw materials.