Myanmar’s agricultural exports amounted to US$3.5 billion in the past 11 and a half months of the current financial year 2023-2024, beginning 1 April, according to the Ministry of Commerce.
The figures plunged from $3.75 billion recorded in the corresponding period last FY, reflecting a drop of $231.92 million.
Myanmar exports agricultural products, animal products, minerals, forest products, and finished industrial goods, while it imports capital goods, intermediate goods, raw materials imported by the CMP enterprises and consumer goods.
Myanmar has been implementing the National Export Strategy (NES) 2020-2025 in order to bolster exports. The priority sectors of the NES comprise agricultural production, garment and apparel, industrial and electronic device, fishery business, forest product, digital manufacturing and service, logistic service, quality management, trade information service, innovation and entrepreneurship sectors. — NN/KK
Myanmar exports agri-products worth over US$3.5B in 11.5 months
- March 30, 2024
- 156
