Sino-Myanmar border trade has registered a decrease of US$162.6 million between 1 October and 15 May in the current fiscal year, according to the Ministry of Commerce, state media reported.

Ministry of Commerce’s data shows the value of Sino-Myanmar trade at all five borders touched $3.75 billion in the current fiscal, which significantly plunged from $3.9 billion recorded in the year-ago period.

This FY, border trade values totalled $3.07 billion at the Muse border, $106.7 million at Lwejel, $331.15 million at Chinshwehaw, $231.6 million at Kampaiti, and over $4 million at Kengtung. The Commerce Ministry’s data showed a drop in trade value at all those borders.