December 13, 2017

Export value shows increase of US$1.1 billion in past six months

Workers sort fish at a fish market in Yangon on 21 September. Photo: GNLM/Phoe Khwar

The value of exports in the first half of the current fiscal year increased US$1.1 billion compared to the same period last FY, according to the Commerce Ministry.
As of 22 Sep in the current FY, the country’s exports hit $6.46 billion, comprised of $2 billion from the government sector and about $4.3 billion from the private sector.
Only forestry exports show a slight decline, but other export sectors increased in trade value. Exports from finished industrial goods earned $2.87 billion, followed by agriculture exports with $1.43 billion. Minerals exports fetched $634 million. Fisheries exports hit $274 million and the export values of livestock and animal products were about $11 million. Other products worth $1.13 billion were also traded. Myanmar exports the goods via sea routes and border trade gates. Exports through sea routes fetched $4.4 billion, while $2 billion worth of export goods flowed into neighbouring countries via border trade gates.

 

Mon Mon

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