Over $13 billion earned from overseas trade within 4 & 1/2 months

5lOHe9U6 1
Overseas-going merchant vessels with loaded containers are pictured cruising along the Yangon River.

The Ministry of Commerce stated that the country pocketed over US$13 billion from international trading in four and a half months of the 2022-2023 financial year.
Myanmar exported $6537.504 million worth of goods and imported $6,507.207 million worth of goods. The total trade volume from 1 April to 19 August this financial year was $13,044.711 million. The trade value of the previous year was $10430.457 million. Comparing the same period of the previous two financial years, foreign trade income increased by $2,614.254 million in the 2022-2023FY.
According to the MoC statements, the State bags over $16.079 billion of foreign trade value in the six months of the 2021-2022 Mini-Budget period and surpassed the trade income of the same duration in the previous year.
The trade income value of Myanmar from 1 October 2021 to 31 March 2022 was $16.079 billion and $15.971 billion were earned in the same period of the previous year.
The National Planning Law mentioned that $15.5 billion of export value and $14 billion of import value were expected as per the annual price index for the 2022-2023 financial year. —TWA/GNLM

Share this post
Hot News
Hot News