Dec 5, 2014

Myanmar’s Foreign Trade Tops $17b in Eight Months

In the first eight months of this fiscal year, Myanmar’s foreign trade passed $17.5 billion, official trade data shows.

Of this, $6.99 billion were exports, and $10.51 billion were imports, part of a growing trade deficit.

Myanmar primarily exports rice, maize, peas and beans, sesame, rubber, marine products, teak, hard wood, natural gas, jade, garment and imports dairy products, palm oil, pharmaceutical products, cement, machinery, electronic equipment and plastics.

In FY 2013-14, Myanmar exported $11.2 billion worth of goods and imported $13.76 billion.

Source: Myanmar Business Today