Trade with Germany reaches over US$472 mln in 7 months

The trade volume of Myanmar with Germany reached over US$472 million in seven months until October of 2022-2023FY, according to the data of the Myanmar Trade Promotion Organization.
In October, the country earned 188.127 million euros from exports of the garment on a CMP basis, footwear and other machinery and imported 4.545 euros.
In September, the export volume to Germany reached over 214.458 million euros and so the volume decreased by over 26.331 million euros compared to the volume of October -188.127 million euros.
During the six-month mini-budget period of the 2020-2021FY and 2021-2022FY, the bilateral trade volume was nearly $900 million while over $562 million in 2020-2021FY. – TWA/KTZH