The value of trade between Myanmar and development partner Japan topped US$1billion in the mini-budget period (April to September this year), according to data released by the Ministry of Commerce, state media reported.
During the mini-budget period, Myanmar’s exports to Japan totalled $760.97 million, while imports reached $334.86 million. Myanmar’s exports to Japan include garments, marine products, rice, black sesame, green grams, and rubber. Its imports include machines and machine equipment, electronic equipment, fertilizers, chemical products, medicines and automobiles.
The Myanmar Investment Commission has permitted five Japan-listed enterprises to bring in foreign direct investments of $134.6 million, according to statistics released by the Directorate of Investment and Company Administration.