Maritime trade totals $484.6 million in the first week of October


19 Oct 18 - Global New Light Of Myanmar - Myanmar's trade value by sea from 1 to 5 October in the current fiscal year 2018-2019 was estimated at US$484.69 million, which is up by over $264 million compared to the same period of last fiscal year 2017-2018, according to the data of the Ministry of Commerce. Import through sea routes outperformed export, with export worth $176.7 million and imports valued $307.9 million. In the same period, the value of trade through border camps was over $80.7 million.

External trade amounted to over $565.4 million, which shows an increase of $277 million than that of last FY. The country exports, agricultural products, fishery products, minerals, livestock, forest products, finished industrial goods and other products while capital goods, personal goods and raw industrial materials are imported into Myanmar.

Myanmar currently has nine ports to facilitate sea trade. However, the Yangon Port is the main gateway for sea trade, which consists of the Yangon inner terminals and outer Thilawa Port.

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