Description:
" Myanmar's trade through sea routes registered over US$10.4bil in the first five months of the present fiscal year (FY) 2019-2020, which started in October, according to figures released by the Commerce Ministry on Saturday (Feb 22).
The country fetched over US$4.14bil from maritime export while its import shared over US$6.33bil as of Feb 14 this FY.
This fiscal year's sea trade saw a significant increase by over US$1.58bil, compared to the same period of the last fiscal year 2018-2019, the ministry's figures showed.
Approximately 80% of Myanmar's foreign trade is done through sea-borne trade and its border trade is conducted with neighbouring countries -- China, Thailand, India and Bangladesh, respectively.
From Oc. 1, 2019 to Feb. 14 of this FY, the country's foreign trade totalled over US$14.5bil with over US$6.76bil in export and US7.77bil in import..."
Source/publisher:
"The Star Online" (Selangor)
Date of Publication:
2020-02-22
Date of entry:
2020-02-23
Grouping:
- Individual Documents
Category:
Countries:
Myanmar, China, Thailand, India, Bangladesh
Language:
English
Resource Type:
text
Text quality:
- Good