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Submitted by moiuser3 on 12 July 2024

Exports were worth US$3.5 billion, and imports were valued at $3.27 billion in the first quarter of this financial year 2024-2025, beginning 1 April, totalling $6.8 billion. Yet, there is a trade surplus of nearly $254.9 million, according to the Ministry of Commerce.

The total trade balance was valued at $8.3 billion in the year-ago period. Therefore, the figures indicated a significant drop of $1.5 billion compared with that of last FY.

The seaborne trade in Q1 amounted to $5.48 billion, decreasing from $5.6 billion.  Meanwhile, border trade value declined to $1.32 billion from $2.69 billion, showing a decrease of $1.37 billion.

Myanmar exports agricultural products, animal products, minerals, forest products, and finished industrial goods, while it imports capital goods, intermediate goods, raw materials imported by the CMP enterprises and consumer goods.

TWA/KK

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