Myanmar's foreign trade up 21.36 per cent in H1

YANGON (Xinhua): Myanmar's total goods imports and exports surged 21.36 per cent year on year to over US$17.08 billion in the first half of the 2022-23 fiscal year beginning April, official data showed Thursday (Oct 13).

From April to September, exports rose 19.18 per cent from a year earlier while imports climbed 23.63 per cent, data from the Ministry of Commerce showed.

Despite the total trade surge, the country's border trade dropped 2.17 per cent year on year to over $4.04 billion amid the Covid-19 pandemic.

Most of Myanmar's trade with foreign countries is usually done through sea routes as the South-East Asian country has a long coastline.

The country's main exports include agricultural products, minerals, forest products, manufacturing goods and other items.