Foreign trade through border gates reaches over USD 9.6 billion

10 September 2020
Foreign trade through border gates reaches over USD 9.6 billion
People carry goods from Myanmar and enter India through Indo-Myanmar Friendship Gate at Moreh, some 120 kms from Imphal, the capital city of Manipur state. Photo: AFP

Myanmar's trade with foreign countries through border gates reached over 9.6 billion U.S. dollars as of Aug. 28 in current 2019-2020 fiscal year (FY) which started in October, according to figures released by the Commerce Ministry, Xinhua reported.

During the period, the country's export via border gates earned over 6.4 billion U.S. dollars, while its import garnered over 3.1 billion U.S. dollars.

According to the ministry's figures, this fiscal year's border trade increased by over 244 million U.S. dollars, compared to the same period of last 2018-2019 fiscal year when it recorded over 9.4 billion U.S. dollars.