Exports of Myanmar’s forest products hit US$65.7 million as of 22 March of the financial year 2023-2024 beginning 1 April, comprising 0.77 million from the public sector and over $64.9 million from the private sector, the Ministry of Commerce’s statistics indicated.
Myanmar’s forest products export amounted to $139.35 million in the last FY 2022-2023 (April-March).
Myanmar has been implementing the National Export Strategy (NES) 2020-2025 in order to boost exports, and the priority sectors of the NES include 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.
Myanmar’s exports topped $14.3 billion over the past 11 months of the FY 2023-2024. — TWA/KK
