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May 31, 2020

Mineral exports increase by $750 million since last April

Rough ruby gemstones. Mineral exports exceeded US$ 1.7 billion compared with last FY. Photo: MNA

The export value of mineral products before the end of this fiscal year (FY) exceeded US$1.7 billion, recording an increase of $750 million compared with last FY, the Commerce Ministry reported.
The total export value of mineral products from last April through this March included $762 million through public sector exports and $938 million through the private sector. Government exports of the same products increased by $308 million, while private sector exports rose by $442 million this FY. During this period, Myanmar also exported some $12.147 billion worth of agricultural products, animal and marine products, forest products and manufacturing goods, among others.
According to the annual figures issued by the commerce ministry, the value of mineral exports was $897 million in the 2011-12 FY, $399 million in the 2012-13 FY, $1.339 billion in the 2013-14 FY, $1.498 billion in the 2014-15 FY, $968 million in the 2015-16 FY, and $1.010 billion in the 2016-17 FY.

 

Shwe Khine

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