Muse trade exceeds expectations
The Ministry of Commerce has reported that the border trade at Muse is booming, exceeding the expected performance with goods worth more than US$704 million passing through during the last financial year.
An official at the Muse trading post said: “Muse’s trade is thriving. The expected trade value was exceeded in May. The most traded items are agricultural products such as rice, beans and corn.”
The value of exports was more than US$423 million during the last financial year, while imports were valued at US$281 million, making a total of more than US$704 million.
The total trade value in 2013-14 was US$406 million with US$228 million in imports and export of US$178 million.
Muse, Lwingyal, Shwehaw and Kanpaite are the four official trading posts along the Chinese border.
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