Agro products Export down by $186 million in five months

Farmers work in the eggplants farm in Nay Pyi Taw.  Photo: Aye Min Soe
Farmers work in the eggplants farm in Nay Pyi Taw. 
Photo: Aye Min Soe

THE export of agricultural products has been declined within the past five months this year, according to the latest report of the commerce ministry.
The agro export of Myanmar reached US$1.1 billion, decreasing by US$186 million in comparison with that of the same period in the last year, when Myanmar fetched $1.295 billion.
The country saw no exports of agro products from the public sector between 1 April and 31 August this year. During the period, only private companies could export the same to international countries
As an agriculture commodity-producing country, Myanmar internationally sells a wide variety of agro products, covering rice, beans and pulses, onion, garlic, ginger and other kitchen crops, melons, mangoes, avocados, cucumbers and other marketable fruits, rubber and other raw materials. During the five-month period, the country also exported $142 million worth of animal products, $241 million worth of marine products, $79 million worth of forest products and $808 million worth of minerals, $3.8 billion worth of manufactured goods and $875 million worth of miscellaneous products.
Apart from agro products and forest-based products, this year saw an increase in export of the rest groups of products by nearly $1.4 billion. The government is making sustained efforts to boost the country’s agro exports, finding the best solutions for farming-related problems, including high costs of input and production.—Shwe Khine

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