Myanmar earns US$538 M from CMP garment export

Myanmar earned US$538 million from CMP garment export and US$433 million from natural gas export in April and May, according to Ministry of Commerce. Myanmar exported US$2.4 billion worth of products in this period. The CMP garment export also topped the export list in the same period of last year with US$277 million, according to […]

Border trade increases by $196 million

Between 1 April and 25 May in this fiscal year, the value of border trade reached US$ 1.165 billion, recording an increase of $196 million compared to the same period in the last FY, state media reported quoting figures recently released by the Commerce Ministry. The total value of border trade, as of 25 May […]

Border trade down by $165 million

The value of border trade from 1st April to 25 August this fiscal year was down by US$165 million when compared to that in the same point of last fiscal year. Border trade from 1st April to 25 August this fiscal year hit $2.77 billion — $1.65 billion in exports and $1.12 billion in imports, […]

Border trade value using Individual Trading Card reaches over US$6.6 billion

The value of trade using the Individual Trading Card (ITC) as of 25th November in this fiscal year 2016-2017 reached over US$6.6 billion, about US$200million higher than that of last fiscal year, according to the Commerce Ministry. During the last fiscal year, the value of trade with ITC at the border gates was over US$6.4billion. […]

Border trade tops US$3billion, a rise from previous fiscal year

Border trade as of 14th October in this fiscal year 2016-2017 reached over US$3billion, which is higher compared to the similar period of the last fiscal year, it is learnt from the Ministry of Commerce. Border trade value from 1st April to 14th October in this fiscal year fetched US$3,790.3million, which is up from US$3,451.254million […]

Border Trade with Neighbours Drops Except with China

Border trade between Myanmar and most of its neighbours has slowed, according to the Department of Commerce and Consumer Affairs (DCCA). Director of DCCA U Tay Za Aung Win said, “Border trade with China remains normal but due to instabilities in other countries the trade has suffered. Some imports from Thailand have decreased and trade […]

Myanmar-Thailand border trade earns nearly US$ 700 million—mostly in imports

Myanmar-Thailand border trade has reached nearly US$ 700 million (Ks 676.19 billion), with the Myawady border trade camp and others accounting for the majority of this volume, according to the Commerce and Customer Affairs Department of the Ministry of Economics and Commerce. Myanmar-Thailand border trading from April 1 last year through the second week of […]

Trade volume hit US$21 bn one month ahead of budget closing

Latest release of the Ministry of Commerce shows that the total trade volume of Myanmar has reached over US$21.33 billion as at February 7. The figure indicates that Myanmar needs to strive for another US$3.7 billion trade in the remaining one and a half months to meet its target of US$25 billion by the budget […]

Bilateral trade with Bangladesh needs a boost

Bilateral trade between Myanmar and Bangladesh in this fiscal year is the lowest compared to other neighbouring countries, according to the sources from Ministry of Commerce. Myanmar earned more than US$3.4 billion from the border trade with China, India, Thailand and Bangladesh from April 1 to December 13. China is the biggest trade partner with […]

Exports to the U.S. top US$11 million this year

Myanmar has exported more than US$ 11 million worth of products, mainly in garments and fishery, to the United States this fiscal year, according to government statistics. The figures show a sizeable increase from US$ 2.81 million earned in exports to the U.S in the same period last year. The United States lifted economic sanction […]