Trade deficit hit US$1.4 billion in past three months

Myanmar’s trade deficit reached US$1.4 billion in the past three months, according to the Commerce Ministry. External trade from 1 April to 30 June this was an estimated $7.7 billion. Exports were worth $3.2 billion and imports were $4.6 billion. Myanmar’s export market includes extractives including minerals, natural gas, agriculture and fisheries products. Agribusiness plays […]

Myanmar border trade up by $500m

Trade at Myanmar’s border posts as of mid-November showed a 14% rise over last year despite a fall in trade at some locations due to armed conflict or natural disaster, according to the Commerce Ministry statistics. Total trade at the 15 border stations stands at more than US$4 billion, $500 million more than at this […]

Myanmar gets US$350m from seafood export

Myanmar has earned more than US$350 million from over 200,000 tons of fisheries products exported in the past eight months of this fiscal year (2013-14), according to Ministry of Livestock, Fisheries and Rural Development. The country expected to earn US$ 440 million this year from the seafood export through the normal trade routes. And it […]