Myanmar earns over 341 mln USD from manufacturing exports in first month of FY 2020-21

发布日期:2020-11-13 11:34:41

Myanmar earned over 341 million U.S. dollars from the export of finished industrial goods in the first month of the present fiscal year (FY) 2020-2021 which started in October, according to figures released by the Commerce Ministry on Wednesday.

As of Oct. 30, the finished industrial goods or manufacturing goods sector topped the list with the most export value, following by agriculture and mineral sectors, among other exports.

This year FY's figures decreased by over 356 million U.S. dollars, compared to the same period of FY 2019-2020 when it registered over 698 million U.S. dollars.

During the period, the country's export totaled over 845 million U.S. dollars while its import shared over 1.16 billion U.S. dollars, the ministry's figures said.

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

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.