Myanmar targets over US$29bil in foreign trade for FY2026-2027


Minerals such as jade are among Myanmar's top exports. It will endeavour to achieve US$15.3 billion in exports in the 2026-2027 fiscal year. - S.S.KANESAN/The Star

YANGON: Myanmar aims to achieve growth momentum in foreign trade, targeting over US$29 billion in the 2026-2027 fiscal year, The Global New Light of Myanmar reported on Sunday (June 14).

Myanmar will endeavour to achieve US$15.3 billion in exports and US$14.7 billion in imports in the 2026-2027 fiscal year, the report said, citing the Myanmar Trade Promotion Organisation.

Additionally, Myanmar's foreign trade is expected to expand by about US$1 billion year over year, reaching US$30 billion in the 2027-2028 fiscal year, US$31.2 billion in 2028-2029, US$32.1 billion in 2029-2030 and US$33 billion in 2030-2031, it said.

The country sets its foreign trade targets depending on export and import conditions, it added. - Xinhua

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

All 26 crew rescued from burning cargo ship off Indonesia's Bengkulu
Police find no explosives at Klang supermarket
NCID officer seriously injured in machete attack during drug raid
Four killed, two injured in exchange of gunfire in Thailand's Narathiwat
Melaka polls: Barisan won't compromise principles in seeking alliances, says Ab Rauf
Eight pilgrims from India's Madhya Pradesh killed, 17 injured as mini bus falls into gorge in Kota district
Man seriously injured in Japan's Akita Prefecture with wife reporting bear attack
No more heartbreak for Zi Yu as she and Genevie make history with first-ever world junior crown
Woman arrested for drink driving after accident in Singapore's Amoy Street; two people taken to hospital
Laos hosts regional exchange on flood forecasting to strengthen disaster preparedness

Others Also Read