Myanmar’s rice exports through the border have plummeted drastically in the current fiscal year, bringing down the overall export volume, according to figures released by the Myanmar Rice Federation (MRF).
Sino-Myanmar trade at the Muse border checkpoint is yet to return to normal as the export of goods through the gate has almost come to a halt after recent clashes between ethnic armed groups and the Tatmadaw shut off the main trade route between Myanmar and China.
Recent fighting has forced trucks to suspend operations on the Kutkai and Muse road section, leading to a halt in trade on the Mandalay-Muse Road. As a result, trade has cooled at the Mandalay commodity depot, according to traders.