Import of consumer goods as of 31 May this fiscal year stood at US$2.2 billion, registering a decrease of $148 million or nearly 6.3 per cent, from the corresponding period last FY, according to state media.
The total imports of consumer products covered $697 million by the public sector and $2.18 billion by the private sector. This 2018-2019 FY saw a continuous decline in the imports of consumer goods by both sectors compared with the same time last FY.
At this time during the last FY, Myanmar’s import of consumer goods totalled almost $2.36 billion, with $61 million by the public sector and $2.3 billion by the private sector. The country’s imports of consumer products were pegged at $2.6 billion in the mini-budget period (April-September, 2018).