Myanmar earns over $470 million from export sector in two weeks

An ocean liner carrying containers docks at a jetty in the Yangon River.  Photo: Phoe Khwar
An ocean liner carrying containers docks at a jetty in the Yangon River.  Photo: Phoe Khwar

Myanmar’s exports to overseas countries in the first two weeks of this month totalled US$472 million, up by $238 million matched against the same period last year, the commerce ministry reported yesterday.
The total export figures included $81 million by the public sector and over $390 million by the private sector.
Between 1 and 12 August this year, the country exported domestically produced products worth $326 million through maritime routes, while $145 million worth of goods went to the partner international buyers through land borders, according to the ministry.
During the same period, the country exported its major groups of products, covering $77.6 million worth of agricultural products, $18.5 million worth of animal products, $30.6 million worth of marine products, $39.9 million worth of minerals, $7.7 million worth of forest products, $230.8 million worth of manufactured goods and other miscellaneous items worth $67.4 million.
Of the seven groups of commodities, the public sector exported forest products, manufactured goods and other goods.
Compared with the last 2017-2018 fiscal year, the public sector’s export of commodities this year increased by $66.6 million, while the private sector’s exports rose by $172 million.—Khine Khant

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