Myanmar's trade deficit registers over US$1.2bil in first 7 months of FY 2019-20

YANGON (Xinhua): Myanmar's trade deficit recorded over US$1.2 billion in first seven months of present fiscal year (FY) 2019-2020, up from over $651 million in the corresponding period of last FY, said figures by the Commerce Ministry on Tuesday (May 5).

From Oct 1 to April 24 of this FY, the country earned over $10.4 billion while its import reached over $11.6 billion.