Sea trade this FY shows increase of about US$2.7 billion against last FY

DSC 2783 72Value of external trade via sea route in first half of this FY increases about US$2.7 billion more than that in the similar period of last FY, according to the Commerce Ministry.
Between 1 April and 22 September in current FY, sea trade hit about $11.8 billion, comprising export worth $4.4 billion and import worth $7.39 billion.
Eighty per cent of foreign trade is conducted through sea route whereas the remaining is carried out via border gates.
In the similar period, trade worth of about $15.2 billion went to and from Myanmar’s border gates. Unlike sea trade, export surpassed import at border gates, with estimated export value of $2 billion and import value of $1.3 billion. Myanmar exports agriculture products, livestocks, fisheries, minerals, forest products, finished industrial goods and other products. Capital goods, intermediate goods and consumer goods are imported into the country. —Ko Khant

Share this post


Hot News
Hot News