Wednesday, January 23, 2013

Muse nets $280 million in Sino-Burmese trade

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Wednesday, 23 January 2013 11:35 Khin Myo Thwe

The China-Burma border trade point in Muse reached US $280 million in bilateral trade last month.

A street market at Muse, Burma. (Photo: the2ndcoming / Flickr)

The deputy director of the border trade department Soe Aung told Mizzima that, “In the month of December 2012, the imported trade from China was more than $105 million and exported trade from Myanmar was more than $173 million."

Corn merchant Win Htain explained the reason for the increase in trade was due to the time of year. “Some agricultural products—rice, green mung beans and corn—are harvested in the month of December, so these products are sent to sent to China through the Muse China-Myanmar border trade,” he said.

The export products from Burma are fishery products, such as eels, crabs and dried mollusks, as well as forestry and agricultural products such as dried mushroom, bamboo shoots and brown sugar. Other products exported to China include raw jade, raw lead metals and Ingyin Tree fossils.

Products such as vehicle parts, engines, televisions, construction materials and food products are imported from China.
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Related articles:

http://www.mizzima.com/business/8746-eel-and-crab-to-trade-by-tender-at-sino-burmese-border.html

http://www.mizzima.com/business/8601-185-million-in-trade-deals-signed-at-sino-burmese-border-fair.html

http://www.mizzima.com/business/8697-thai-burmese-border-trade-up-25.html

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