Myanmar’s foreign trade increases

YANGON, Feb. 23 (Xinhua): Myanmar trade with foreign countries has reached over 12.65 billion U.S. dollars as of Feb. 15 in present fiscal year (FY) 2018-2019 which started in October last year, according to the Commerce Ministry on Saturday.

From Oct. 1, 2018, to Feb. 15 this year, the country’s export amounted over 5.86 billion U.S. dollars and the import reached 6.79 billion U.S. dollars.

During the period, the border trade between Myanmar and foreign trade partner countries totaled 3.6 billion U.S. dollars.

The total foreign trade of this FY till now increased by 355 million U.S. dollars, compared to the same period of last FY 2017-2018 when it showed 12.3 billion U.S. dollars, according to the ministry’s figures.

Myanmar mainly exports agricultural, animal, fisheries, mineral and forest products, and imports capital, intermediate and consumer goods.

Loading...