Myanmar’s bilateral trade with the US in the first month of the 2018-2019 fiscal year topped US$63.6 million, an increase of $28.4 million, or 80.7 per cent, compared with the corresponding period of the 2017-2018FY, according to the Commerce Ministry, state media reported.
As per official statistics, exports in October totalled $33.3 million, while imports were valued at $30.3 million. In October 2017, bilateral trade stood at $35.2 million with exports of $23.5 million and imports of $11.7 million.
Myanmar’s exports to the US include marine products, clothing, beans and pulses, forest-based products, and some agriculture products. It imports medicines, hospital and related equipment, industrial products, transportation products, dairy products, and other commodities.