Total trade using ITCs reached over 55 billion kyats

20 September 2019
Total trade using ITCs reached over 55 billion kyats
Trucks carrying goods waiting to cross the border into China from Muse in Myanmar's Shan state. Photo: Ye Aung Thu/AFP

Total trade using Individual Trading Cards (ITCs) through border gates reached over 55 billion kyats (36.7 million U.S. dollars) as of August in present fiscal year 2018-2019, according to a Xinhua report.

From Oct.1, 2018 to Aug. 31 this year, Myanmar's export using ITCs via border checkpoints amounted over 8.7 billion kyats (5.8 million U.S. dollars) while its import shared 46.4 billion kyats (30.9 million U.S. dollars).

The country is conducts border trade with neighbouring China, Thailand, Bangladesh and India.