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Up to February of the 2020-2021 fiscal year, China, Singapore and Thailand stand next in the top 10 importer list to Myanmar

As of February of the 2020-2021 fiscal year, China was the largest importer of more than $ 2306 million in the top 10 importers. Singapore is worth more than $ 1,132 million and Thailand nearly $ 800 million, according to the Ministry of Commerce. From October to February of the 2020-2021 fiscal year, Myanmar was the largest importer of goods. Singapore Thailand Indonesia, Malaysia, India South Korea Japan Vietnam and the United States.

In the five months to February of the 2020-2021 fiscal year, the largest imports to Myanmar were from China at 2,306.71 million US dollars; $ 1,132.21 million from Singapore; $ 791.606 million from Thailand; 431.08 million from Indonesia; $ 395.16 million from Malaysia; $ 245.94 million from India; $ 198.84 million from South Korea; $ 171.39 million from Vietnam; Japan imported $ 167.97 million and the United States $ 107.81 million. From October to September of the 2019-2020 fiscal year, Myanmar-China trade amounted to $ 12126.278 million, with exports from Myanmar amounting to $ 5,401.943 million and imports from China worth $ 6,724.335 million.

In the 2019-2020 fiscal year, Myanmar-India trade amounted to more than $ 1.3 billion, down more than $ 130 million from the same period last year. From October 1 to the end of September of the 2019-2020 fiscal year, Myanmar exported $ 616.464 million worth of goods to India, while India imported $ 696.937 million worth of goods, with a total trade volume of $ 1,313.401 million.

In the first six months of the 2019-2020 fiscal year, Myanmar’s major trading partners were more than 33 percent with China; Thailand and 13.6 percent; Singapore 9.7%; Japan and 5.3 percent; India and 4%; Pyidaungsu Hluttaw, 34.3% trade with other countries Public Accounts Joint Committee; According to the Findings and Opinion Report No. (8/2020) regarding the first six months report of the National Plan for the fiscal year 2019-2020. From October 1 to the end of September of the 2019-2020 fiscal year, Myanmar’s exports were worth $ 3,095.988 million. According to the Ministry of Commerce, Thailand imported $ 5,109.479 million worth of goods worth US $ 2013.486 million.

Source: Daily Eleven

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