Myanmar’s agricultural exports generated US$2.313 billion in the past nine months of the current financial year 2023-2024, the Ministry of Commerce’s statistics indicated.
The figures plunged from $2.688 billion in the corresponding period last FY, showing a drop of $374.172 million.
Myanmar 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
