Data Matters No. 49
A comparison between the statements of SAC and the General Administration of Customs of China (GACC) shows a nearly USD 17 billion gap in the previous 2022-23 financial year. The amount represents illegal trade while showing an increase of almost two times compared to the 2020-21 financial year. As a result, the enlarging gap between Myanmar and China for different financial years indicates a growing amount of illegal trade volume between the two countries in the aftermath of the coup. Except for Thailand, Myanmar is experiencing a decline in trade with three of the four neighbouring countries with cross-border trade routes. China still ranks as the biggest trade partner.