Myanmar’s seaborne trade with international trade partners amounted to US$25.35 billion in the previous financial year 2022-2023 (April-March), comprising exports worth $10.489 billion and imports worth $14.865 billion, the Ministry of Commerce’s statistics indicated.
In the FY 2021-2022, maritime trade was estimated at $22.599 billion, including exports worth $10 billion and imports worth $12.5 billion.
The figures showed an increase of $2.755 billion in the FY 2022-2023 compared to that of the year-ago period.
Myanmar carried out external trade with foreign trade partners through border channels and seaborne trade. Myanmar exports agricultural products, livestock, fishery, minerals, forest products, manufacturing goods and other goods to the external market while it imports capital goods, intermediate goods, consumer goods and raw materials imported by the CMP enterprises.—NN/EM
