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Myanmar's maritime trade reaches nearly 5 bln USD in 2 months

Source: Xinhua| 2019-12-17 19:06:51|Editor: xuxin
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YANGON, Dec. 17 (Xinhua) -- Myanmar's trade through sea route reached over 4.8 billion U.S. dollars as of Dec. 6 in present fiscal year (FY) 2019-2020 which started in October, according to the Commerce Ministry's figures on Tuesday.

In over two months, the country earned over 2 billion U.S. dollars from maritime export while its import amounted to over 2.8 billion U.S. dollars.

This FY's sea trade increased by 482.8 million U.S. dollars, compared to the same period of last FY 2018-2019 when it was 4.3 billion U.S. dollars.

Meanwhile, Myanmar's foreign trade totaled over 6.8 billion U.S. dollars as of Dec. 12, of which its border trade registered over 2 billion U.S. dollars.

Myanmar mainly exports its agricultural products, animal products, fisheries, minerals and forest products while capital goods, intermediate goods and consumer goods are imported to the country.

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