Trade at Myawady plunges to $690 mln as of 26 June

06 July


TRADE between Thailand and Myanmar via the Myawady border between 1 October and 26 June in the current financial year plunged to US$690.667 million from $910.6 million registered in the year-ago period, according to data from the Ministry of Commerce. 


Over the past nine months, exports through the Myawady border reached $309.7 million, while imports fell short of $600.87 million. 


This year, Myanmar has been exporting corns to Thailand through Myawady border. Myanmar’s corn exports to Thailand significantly soared to over 1.2 million tonnes through borders between Myanmar and Thailand during October and May period in the current FY2019-2020, an official of the Ministry of Commerce said. 


Of the seven border trade points between Myanmar and Thailand, the Hteekhee, Myeik and Mawtaung borders have witnessed a decrease in trade in the current financial year while the remaining borders have reported an increase in trade. 


Myanmar primarily exports natural gas, fishery products, coal, tin concentrate (SN 71.58 per cent), coconut (fresh and dry), beans, and bamboo shoots to Thailand. It imports capital goods such as machinery, raw industrial goods such as cement and fertilizers, consumer goods such as cosmetics and food products from the neighbouring country. 


Ko Htet (Translated by Ei Myat Mon)