Agricultural exports by private sector up by $171 million

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Farmers harvest paddy at a field in Kangyidauk, Ayeyawady. 
Photo: GNLM/ Phoe Khwar

The export of agro products by the private sector in the current fiscal year (FY) topped US$2.929 billion, recording an increase of $171 million compared with the same period last FY, according to the Ministry of Commerce.
The public sector did not export similar products this FY.
In the seven export categories, the trade value of only the forestry sector decreased. Between last April and this May, the overall exports amounted to $11.425 billion, increasing $2.49 billion against last FY.
According to official figures this FY, the country exported animal products worth $51 million, marine products worth $666 million, minerals worth $1.701 billion, forest products worth $201 million, manufactured goods worth $6.297 billion and other products at an estimated value of $2 billion.
The government is making sustained efforts to enhance the country’s exports in each sector, as part of its plan to promote the economy. Myanmar conducts trade with ASEAN member states, East Asian countries, some European nations and African states.

 

Swe Nyein

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