Agricultural products exports up by USD 500 million this FY

Agricultural products exports up by USD 500 million this FY

The Ministry of Commerce reported that exports of agricultural products are on the rise YoY over the 10 months of the current fiscal year (until July 31st), at USD 3.3 billion up from 2.8 billion in the corresponding period last year. Main agricultur

76% of exporters affected by COVID-19

Myanmar’s export industry has suffered under the COVID-19 pandemic since the disease first began to spread within China. A new survey has quantified the damage: 76% of Myanmar exporters have been moderately to severely affected by the pandemic,
Fishery industry expected to rake-in up to USD 1 billion this FY

Fishery industry expected to rake-in up to USD 1 billion this FY

According to Ministry of Commerce data, over USD 680 million has been earned from fishery exports to over 40 countries, including China and Thailand, since the start of the current fiscal year in October 2019. The total earnings exceed by USD 100 mil
Trade with Japan tops USD 1 billion in H1 of 2019-20 FY

Trade with Japan tops USD 1 billion in H1 of 2019-20 FY

According to the numbers released by the Ministry of Commerce, the value of trade between Myanmar and its development partner Japan exceeded USD 1.15 billion in the first half of the current fiscal year that started in October 2019. Exports represent
Myanmar- ASEAN commercial trade holds on in H1 of 19-20 FY

Myanmar- ASEAN commercial trade holds on in H1 of 19-20 FY

If the trade with its Indian neighbor is down 40% (see this week’s highlight), Myanmar’s commercial exchanges with its ASEAN partners remain healthy. According to the latest reports from the Ministry of Commerce, the aggregated sea and la

Seafood industry dries up

Fish and seafood was one of the earliest industries to suffer from the COVID-19 outbreak. As export channels began to close within China and Thailand, fish merchants were left with warehouses full of rotting merchandise. Unfortunately, the situation