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

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