Myanmar-China Border Trade Drops US$200 M Amid Coronavirus Outbreak

Description: 

"Bilateral border trade between Myanmar and China declined by US$209 million from Jan. 23 to Feb. 18 compared to the same period last year due to the spread of coronavirus, according to U Khin Maung Lwin, assistant permanent secretary for the Ministry of Commerce. The value of border trade through the Muse, Chinshwehaw, Lweje and Kanpiketi border trade zones totaled over $270 million—a decline from $479 million in the same period last year. “It was mainly because of the COVID-19 outbreak and Chinese New Year holidays. The holidays started on January 23 and normally end in early February,” U Khin Maung Lwin told The Irrawaddy. Before the coronavirus outbreak, the value of daily trade through the border trade zones was between $10 million and $14 million. Since the outbreak, it has dropped to between $1 and $2 million per day, according to the Ministry of Commerce. “Border trade has recovered slightly since trade resumed after February 13, but travel restrictions are still in force and watermelons are therefore not selling,” said U Khin Maung Lwin. “Around 40 trucks of honeydew melon have been exported to China as some Chinese supermarkets have bought them online. Also, only limited volumes of marine products are being exported as airlines have not yet resumed flights in the area.”..."

Creator/author: 

Myo Pa Pa San

Source/publisher: 

"The Irrawaddy" (Thailand)

Date of Publication: 

2020-02-25

Date of entry: 

2020-02-25

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, China

Language: 

English

Resource Type: 

text

Text quality: 

    • Good