Myanmar earned over USD $ 2.8 billion from export of agricultural products in the eight months of current fiscal year22 Jun 2020
Myanmar has earned more than US$2.8 billion from the export of agricultural products over the past eight months in the current fiscal year, exceeding over US$460 million compared to the same period of last year, according to the Ministry of Commerce.
From October 1 to June 5 in the current 2019-2020 FY, US$2.842 billion was earned from exporting agricultural products. In the same period of last year, US$2.376 billion was earned. So, this year’s amount exceeded US$466.131 million.
Myanmar exports agricultural products, animal products, fishery products, forest products, finished industrial goods, and others.
Union Minister for Commerce Dr. Than Myint said total trade value in the 2019-2020 FY was expected to reach US$34 billion including US$18 billion in export value.
Khin Maung Lwin, assistant permanent secretary of the ministry told The Daily Eleven that the country’s target of US$33 billion in trade value could be exceeded despite a Covid-19 impact on foreign trade.