Border trade between Myanmar and India reached $87 million as of September 21 during the six-month transitional period which started in April, the Commerce Ministry said here on Sunday.
Myanmar has changed its fiscal year period from April-March to October-September beginning 2018-19, producing a six-month transitional gap, reports Xinhua news agency.
The country's total border trade with India during this period saw a sharp increase of $54 million, compared to the same period of last fiscal 2017-18 when it was $33 million.
From April to September this year, the country's exports to India through the border gates totalled $78 million and imports totalled $9 million.
Myanmar has been conducting trade with India via the Tamu and Reed border gates.
--IANS
ksk/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app