+959968687634

Why does the trade volume increase instead of decreasing due to the Limited Logi

Date:2020-10-09

Browse:679

share it:

According to the data released by the Ministry of Commerce, although the logistics of the sawadi Trade Zone on the Myanmar Thailand border is restricted, the trade volume has not decreased, reaching US $1192 million at the end of this fiscal year.

It is understood that from September 25 to October 1 of this fiscal year, in just a few days, the transaction volume of the second wadi Trade Zone reached US $11.92, an increase of US $240 million compared with last year.

Although covid-19, the chief executive of the second tile bottom area, accounted for only 5% of imports, the trade volume continued to grow until the end of August. As a result of the epidemic, domestic demand has declined, imports have decreased, and exports have increased. The proportion of exports has increased from 5% to 40%. In addition, the duty-free period for Myanmar's corn exports to Thailand is from February 1 to August 31, with more corn exports than in previous years.

It is reported that as of September 25, the amount of corn, beans, onions, peppers and CMP clothing exported from the border to Thailand reached 380 million US dollars, an increase of 170 million US dollars over the same period last year.

In addition, since the outbreak of the epidemic on March 21, Myanmar and Thailand have temporarily closed the friendship bridge to restrict people's access. Subsequently, through negotiation between the two countries, the second friendship bridge was opened and the circulation of goods was ensured.

Burmese Speaking

+959260696668

English,Chinese Speaking

+959968687634