YANGON (Xinhua): Myanmar's total goods imports and exports surged 22.32 per cent year on year to over US$21.46 billion in nearly eight months of the 2022-23 fiscal year beginning in April, official data showed Friday (Nov 25).
From April 1 to Nov 18 this year, exports rose 16.84 per cent to $10.42 billion from a year earlier while imports climbed 27.99 per cent to $11.04 billion, data from the Ministry of Commerce showed.
During the period, about 77.01 per cent of the country's total trade was done via sea routes, and about 22.98 per cent was conducted through land borders.
The South-East Asian country usually does most of its foreign trade through sea routes as it has a long coastline. It conducts border trade with China, Thailand, Bangladesh and India.
The country exports agricultural products, animal products, fisheries, minerals and forest products, manufacturing goods and others, while it imports capital goods, intermediate goods and consumer goods.
