03/24/2017
The volume of border trade between
Myanmar and Thailand has reached more than US$1.24 billion with Myawaddy
border trade generating the largest volume, a source at the Ministry of
Commerce has said.
Myanmar-Thailand border trade totalled $1.24 billion for the fiscal year from April 1 last year to March 2017.
Myanmar’s export volume was more than $270 million in total and its import volume more than $900 million.
Myanmar-Thailand border trade includes
Tachilek border trade camp in Shan State, Myawaddy border trade camp in
Kayin State, Kawthaung border trade camp, Myeik border trade camp,
Nabulei/Htikhee border trade camp, Mawtaung border trade camp in
Taninthayi Region and Melset border trade camp in Kayah State.
Border trade volume reached $845.5
million in Myawaddy, $72 million in Tachilek, $117.7 milion in
Kawthaung, $188 million in Myeik, $11.4 million in Nabulei/Htikhee, $3
million in Mawtaung and $0.33 million in Melset.
Plans have been underway to open more
camps to promote border trade sector with neighbouring countries such as
Thailand and China.
Sites proposed for new border trade
camps are Mongla, on the China border, plus Payathonzu near Three
Pagodas Pass in western Thailand, and Ponpakyin in eastern Shan State,
which also borders Thailand.
Myanmar has opened camps on its
borders to carry out trade activities with China, India, Thailand and
Bangladesh. The most trade camps are on the long border with Thailand,
but the largest trade volume is via its border with China.
Credit: Eleven News
