Agri export earnings hit US$2.8 bln in past ten months

Myanmar’s agricultural exports amounted to US$2.8 billion in the past ten months of the current financial year 2023-2024, beginning 1 April, the Ministry of Commerce’s statistics indicated.
The figures dropped from $3.108 billion recorded in the corresponding period last FY, showing a drop of $301.79 million.
Myanmar carries out international trade through border and maritime trade channels. It exports agricultural products, animal products, minerals, forest products, and finished industrial goods, while it imports capital goods, intermediate goods, raw materials imported by the CMP enterprises and consumer goods.
Myanmar has implemented the National Export Strategy (NES) 2020-2025 to boost exports. The priority sectors of the NES consist of agricultural production, garment and apparel, industrial and electronic device, fishery business, forest product, digital manufacturing and service, logistic service, quality management, trade information service, innovation and entrepreneurship sectors. — NN/KK