Agricultural export earnings cross US$3.2 bln in 11 months

Myanmar’s agricultural ex­ports totalled US$3.2 billion in the past 11 months of the cur­rent financial year 2023-2024, the Ministry of Commerce’s statistics indicated.


The figures plunged from $3.53 billion recorded in the corresponding period last FY, showing a drop of $247 million.


Myanmar carries out in­ternational trade through land borders and maritime routes land. It exports agricultural produce, 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.


Myanmar has been imple­menting the National Export Strategy (NES) 2020-2025 in order to boost exports. The priority sectors of the NES consist of agricultural pro­duction, garment and apparel, industrial and electronic de­vice, fishery business, forest product, digital manufacturing and service, logistic service, quality management, trade in­formation service, innovation and entrepreneurship sectors. — NN/EM