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Myanmar-China bilateral trade hits $7.42b in first eight months of FY 2017-18

Bilateral trade between Myanmar and China have touched $7.42 billion in the first eight months (April-November) of the fiscal year 2017-18. The Ministry of Commerce says Myanmar's exports to neighbouring China garnered $3.42 billion while its imports were $4 billion. In last FY 2016-17, bilateral trade between the two countries was $10.8 billion.

Myanmar largely 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, while in the reverse direction machinery, plastic raw materials, consumer products and electronic devices are trucked across.