Myanmar’s foreign trade reaches US$2.8 bln in one month

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An aerial view of the Yangon Port in the Yangon River.

The value of Myanmar’s foreign trade reached over US$2.89 billion over one past month of the current financial year 2024-2025, comprising exports worth $1.445 billion and imports valued at $1.448 billion, the Ministry of Commerce’s data showed.
The seaborne trade totalled $2.3 billion, whereas the border trade value hit $578. The total trade balance was $3.116 billion in the year-ago period. Therefore, the figures indicated a significant drop of $222.2 million over the past month compared with that of last FY.
Myanmar exports agricultural products, animal products, minerals, forest products, and finished industrial goods, while it imports capital goods, intermediate goods, raw materials imported by the CMP enterprises and consumer goods.
Myanmar has been implementing the National Export Strategy (NES) 2020-2025 in order to bolster exports. The priority sectors of the NES comprise agricultural production, garment and apparel, industrial and electronic device, fishery business, forest product, digital manufacturing and service, logistic service, quality management, trade information service, innovation and entrepreneurship sectors. — NN/EM

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