CHINA Myanmar-China bilateral trade hits 7.42 bln USD in first eight months of FY 2017-18

CHINA

Myanmar-China bilateral trade hits 7.42 bln USD in first eight months of FY 2017-18

Xinhua

05:41, January 26, 2018

Workers pack rice at a warehouse in Yangon, Myanmar, Jan. 24, 2018. Bilateral trade between Myanmar and China hit 7.42 billion US dollars in the first eight months (April-November) of the present fiscal year 2017-18, official Global New Light of Myanmar reported Monday. (Xinhua/U Aung)

A worker arranges pieces of ginger at a wholesale market in Yangon, Myanmar, Jan. 24, 2018. Bilateral trade between Myanmar and China hit 7.42 billion US dollars in the first eight months (April-November) of the present fiscal year 2017-18, official Global New Light of Myanmar reported Monday. (Xinhua/U Aung) 


Bilateral trade between Myanmar and China hit 7.42 billion US dollars in the first eight months (April-November) of the present fiscal year 2017-18, official Global New Light of Myanmar reported Monday.

Myanmar's exports to neighboring China took 3.42 billion US dollars while its imports represented 4 billion US dollars, the Ministry of Commerce was quoted as saying.

In last FY 2016-17, bilateral trade between the two countries was 10.8 billion US dollars.

Myanmar usually trades with China via Muse, Lweje, Kanpikete, Chinshwehaw and Kengtung border points.

The country's rice, peas, sesame seeds, corns, fruits and vegetable, dried tea leaves, fishery products, rubber, minerals and animal products are mainly exported to China, from where machinery, plastic raw materials, consumer products and electronic devices are imported.


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