Exports worth over US$4.8 billion in nearly four months of trading

Rice containers for export being uploaded on to a steamer. Photo: MNA
Rice containers for export being uploaded on to a steamer. Photo: MNA

Myanmar’s exports to foreign countries exceeded US$4.8 billion between 1 April and 20 July this year, according to the commerce ministry.
The figure is up by $976.6 million compared with $3.83 billion in the similar period of last year. Of the seven export groups, agriculture, forestry and other export sectors showed a decline in exports, while exports of livestock, fishery, minerals and finished industrial goods increased.
Export values were registered at $854.7 million for agro products, $93 million for livestock, $182 million for fishery products, $501 million for minerals, $57 million for forestry products, $2.6 billion for manufactured goods and $503 million for other goods.
In the export sector, the agriculture industry performed the best, along with natural gas exports. The main export goods in the agriculture sector are rice and broken rice, pulses, corn and rubber. Fruits and vegetables, sesame, dried tea leaves, sugar and other agro products are also exported to foreign countries.
Natural gas and agricultural products individually made up 25 per cent of the exports, while cut-make-pack garments accounted for 16 per cent, minerals eight per cent, fisheries five per cent, and forestry, animal and other products 21 per cent. — Ko Khant

Share this post
Hot News
Hot News