USD 9.45 million exceeded in forest products’ export within eight months this FY more than that of last FY

During the eight-month period from 1 April to 25 November 2022 of the fiscal year 2022-2023, more than US$94.28 million were earned from the export of forest products abroad.
Myanmar’s forest products are exported to 238 foreign countries, and the export of forest products in the government sector earned US$0.843 million and $83.992 million from privately owned sector, totalling $84.835 million the corresponding period of last year. Compared to the same period, the eight-month period in the 2022-2023 fiscal year exceeded over US$9 million more than the previous year.
Last fiscal year 2020-2021, it received US$128.072 million, and during the 2021-2022 Mini Budget period, it received US$83.901 million. Agricultural produce along with forest products, animal products, aquatic products, mineral products, finished industrial products and other goods are also being exported abroad, and it is reported that US$10,920.72 million were pocketed from the export of goods.
The forest products exported from Myanmar are teak lumber, hardwood in addition to plywood, and other forest products such as bamboo, rattan, jute, orchid, Thanaka, etc.—TWA/KZL