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,
China approves new rice exporters
China has granted export licenses for rice to 43 new Myanmar companies. A spokesperson from the Myanmar Rice Federation (MRF) said that the new licenses should boost the volume of rice Myanmar sells to China, which has suffered both from the COVID-19Fishery 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 milTrade 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 representMyanmar- 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
