Trade between Myanmar and ASEAN reached over USD 9.9 billion in FY first nine months

19 August 2020
Trade between Myanmar and ASEAN reached over USD 9.9 billion in FY first nine months
A man drives a bicycle as he passes near containers piled up at a cargo port near Yangon river, Yangon, Myanmar, 09 August 2020. Photo: Lynn Bo Bo/EPA

Trade between Myanmar and other members of the Association of Southeast Asian Nations (ASEAN) reached over 9.9 billion U.S. dollars in the first nine months of present fiscal year (FY) 2019-2020, according to the figures released by the Commerce Ministry, Xinhua reported.

From Oct. 1, 2019 to June 31, Myanmar earned over 3.6 billion U.S. dollars from exports to ASEAN member states while its import valued at over 6.3 billion U.S. dollars.

During the period, Thailand, Singapore and Malaysia were registered as the top three trade partners among ASEAN countries, registering trade values of over 3.9 billion U.S. dollars, over 3.3 billion U.S. dollars and over 1 billion U.S. dollar, respectively, the ministry's figures said.