MYANMAR’S MARITIME TRADE REACHES OVER FIVE BILLION USD IN TWO MONTHS

YANGON, Myanmar, Myanmar’s foreign trade, through sea routes, reached 5.49 billion U.S. dollars, as of Dec 21, in the present fiscal year (FY) 2018-2019, which started in Oct, the Ministry of Commerce said today (Saturday).

From Oct 1 to Dec 21, the country’s maritime export amounted to 1.97 billion U.S. dollars, while its import shared 3.52 billion U.S. dollars.

The total trade via sea route increased by 420 million U.S. dollars, compared to the same period of the last FY 2017-2018, when it showed 5.06 billion U.S. dollars.

Meanwhile, the country’s total foreign trade registered over 7.4 billion U.S. dollars, with 1.91 billion U.S. dollars’ border trade, during the period.

The country’s agricultural products, animal products, fisheries, minerals and forest products, are mostly exported to foreign countries.

Source: NAM News Network