Exports from manufacturing sector cross US$7.6 bln in 10 months

The export value from the manufacturing sector reached US$7.6 billion in the past ten months of the current financial year 2023-2024, the Ministry of Commerce’s statistics showed.
Finished industrial goods exports earned $9.5 billion in the corresponding period last FY, indicating a significant drop of $1.9 billion this FY compared to the year-ago period.
Myanmar exports agricultural produce, livestock products, fisheries, minerals, forest products, finished industrial goods and other goods. At the same time, it imports capital goods, intermediate goods, raw materials by CMP garment factories and consumer goods.
Myanmar has been implementing the National Export Strategy (NES) 2020-2025 to bolster exports. The priority sectors of the NES comprise 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. 

Source: The Global New Light of Myanmar

Myanmar investment statistics: Singapore leads, followed by China, Japan

Statistics from the Ministry of Investment and Foreign Economic Relations reveal that Singaporean investments in Myanmar rank highest between February 2023 and January 2024.
The report indicates that China holds the second position in Foreign Direct Investment in Myanmar, with US$236.264 million, following Singapore with US$346.407 million. Japan occupies the third position with US$99.353 million.
From February 2023 to January 2024, 77 businesses were permitted to expand their investments across eight sectors, amounting to US$774.084 million. Of these, US$374.525 million was allocated to the electricity sector, US$189.38 million to the industrial sector, and US$93.276 million to the service sector, as per the report.
During the same period, 74 Myanmar national businesses were given the green light to expand their investments across nine sectors, amounting to K1,295.254 billion. K876 billion was earmarked for the industrial sector, K169.843 billion for the electricity sector, and K117.05 billion for the livestock and fishery sector.

Source: The Global New Light of Myanmar