Half a tonne of avocado pears have been exported to the UK by air, ac cording to an announcement by the Myanmar embassy in London. The exported avocados are of three varieties – Amara (local variety), Hass and Buccaneer. The Myanmar Fruits and Vegetables Producer and Exporter Association (MFVP) was connected to the British Chamber […]
Myanmar exported garments worth $4.28 bn in Oct 1-Aug 31
Myanmar exported garments under the cut-make-pack (CMP) system worth $4.28 billion between October 1 and August 31 in fiscal 2019-20, according to data from the ministry of commerce. However, following the novel coronavirus pandemic, some CMP garment factories have shut down due to lack of raw materials, leaving thousands of workers unemployed. Myanmar financial year […]
Border trade with China increases three-fold
Myanmar’s border trade with China has increased three-fold in this fiscal year, reaching nearly US$ 3 billion as of December 13, according to the Department of Commerce and Consumer Affairs. The total trade figure hit US$2.88 billion between April 1 and December 13, in which export to China accounted for US$1.94 billion while import made […]
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 […]
Myanmar’s trade volume nearly hit US$16bn
Myanmar’s total trade volume has nearly hit US$16 billion in the first nine months of fiscal year 2013-14, according to the Ministry of Commerce. The trade volume reached US$15.92 billion between April 1 and December 6, which is US$3.65 billion up from the same period last year. The government has targeted US$25 billion for the […]