Petroleum products top import line-up with over $4 billion in past 10 months

The picture shows petroleum storage tanks

Of ten import items, petroleum products ranked first with over US$4 billion as of the end-January 2023 of the current financial year starting April 2022.
The statistics released by the Ministry of Commerce indicated that import values stood at over $4.4 billion for petroleum products, over $1.2 billion for garments, over $560 million for iron and steel raw materials, $540 million for pharmaceuticals, $530 million each for fertilizer and palm oil.
Myanmar brings in capital goods, intermediate goods, consumer goods and raw materials used in the businesses working on a Cutting-Making- and-Packaging basis, whereas the country exports agricultural produce, livestock products, fishery products, mineral products, forest products, finished industrial goods and other items. – TWA/EM

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