Maritime trade exceeds US$4,300 million in 2022-2023FY

myanmar industrial sskm

Until 3 June of the 2022-2023 Financial Year (FY), Myanmar’s seaborne trade reached US$ 4,345.852 million, an increase of $1,088.440 million from the same period last year, according to the Ministry of Commerce.
Export by sea imports of trade increased from the previous financial year to a total of $3,257.412 million in the last 2021-2022 financial year.
Exports in the current fiscal year Imports and exports amounted to $4,345.852 million. There are nine ports for seaborne trade in Myanmar, and more than 150 cargo ships have docked in Yangon port alone in the past five months, according to a statement from the Myanma Port Authority.
Cross-border trade totalled $1,707.315 million during the 2021-2022 financial year, down from $1,164.925 million as of 3 June of this financial year, down $542 million from the previous year.
Maritime trade increased while cross-border trade declined due to the COVID-19 outbreak. —TWA/GNLM

Share this post
Hot News
Hot News
Ancient artistic works with high historical value must be displayed for easy observance of visitors
Livestock breeding zone in Twantay Township sees development
Narcotic drugs seized in Yamethin, Hline townships
Media defames security forces for destroying over 140 houses in Salin Township
Minbu District enjoys agricultural water from 19 solar-powered irrigation projects
Visa-on-arrival system introduced to foreign tourists for convenient travels
Myanmar Chargé d’Affaires attends 36th ASEAN-US Dialogue
MMPO announces 200-acre film city project on Yangon-Mandalay Expressway
Result of Government Dhammacariya Examination to come out on 30 May
Livestock breeding farms in 9 states and regions to get K12 billion loans starting June