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Myanmar's Foreign Trade Up 9.62 Per

Myanmar's Foreign Trade Up 9.62 Percent

Xinhua, Rangoon, 16 May 2000. Myanmar's foreign trade, including
the border trade, totaled 585.93 million U.S. dollars in the first
two months of this year, up 9.62 percent from the same period of 1
999, according to the country's Central Statistical Organization (CSO).

Of the total trade volume, imports were valued at 402.4 million dollars,
while exports amounted to183.53 million dollars, producing a trade deficit
of 218.87 million dollars, the CSO said in its latest data.

The figures also indicate that Myanmar's private sector is playing a
leading role in the country's foreign trade. During the first two months
of this year, the import value of the private sector made up 76.93
percent of the total imports, while its export value represented 70.97
percent of the total exports.

The import and export value of the government sector during the period
accounted for only 23.06 percent and 29 percent respectively.

[query by DA: Has anyone logged the rise and fall of the trade deficit?]