Garment exports top US$2.9 bln in past eight months

The export value of garments processed on a Cutting-Making-and-Packaging basis amounted to over US$2.966 billion as of 1 December in the financial year 2023-2024 beginning 1 April, which is the highest among ten major export items, the Ministry of Commerce’s statistics showed.
The export values stood at $2.22 billion from natural gas export, $474.126 million from black gram, $378.64 million from rice and broken rice, $271.312 million from corn, $220.418 million from fish, $185.983 million from green gram, $123.691 million from natural rubber, $101.952 million from pigeon pea and $79.404 million from metal and ores.
Of top ten export countries of Myanmar, Thailand ranked first with $2.472 billion, followed by $1.93 billion by China, $784.703 million by Japan, $572.107 million by India, $412.675 million by the US, $356.301 million by Germany, $321.412 million by Spain, $316.806 million, $261.457 million by the Republic of Korea and $222.89 million by the UK.
Myanmar exports black gram, rice and broken rice, corn, green gram, rubber, pigeon pea, sesame, onion, turmeric, tamarind, dried ginger, konjac, castor oil seed, coffee bean, cashew nuts, cassava, watermelon, muskmelon, mango, tissue-culture banana, agricultural products, various fish, shrimp, crab and dried fish to external markets.
Additionally, Myanmar has been exerting efforts to enhance manufacturing exports, and veneer and plywood, finished wood products, clothes, sugar and industrial products are also sent to foreign markets. In addition to the border, Myanmar exports goods by sea and air. — NN/EM

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