Myanmar earns over 2 bln USD from manufacturing exports in 3 months

Source: Xinhua| 2020-01-09 19:35:37|Editor: xuxin
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YANGON, Jan. 9 (Xinhua) -- Myanmar earned over 2.49 billion U.S. dollars from export of finished industrial goods in the first three months of present fiscal year (FY) 2019-2020 which started in October, according to figures from the Commerce Ministry on Thursday.

As of Dec. 27 of this FY, the export of finished industrial goods or manufacturing goods export topped the list among other export products.

This FY's figures increased by over 718.5 million U.S. dollars, compared to the same period of last FY 2018-2019 when it fetched over 1.77 billion U.S. dollars.

Myanmar mainly exports agricultural products, animal products, marine products, minerals, forest products, manufacturing goods and others to foreign trade partner countries.

During the period, the country's export totaled over 4.56 billion U.S. dollars while its import shared over 4.57 billion U.S. dollars, the ministry's figures said.

About 80 percent of the country's external trade is done through sea-borne trade and its border trade is being conducted through 17 border gates with neighbouring countries.

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