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

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