Myanmar’s bilateral trade with the US increases

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Asean Affairs January 18, 2019

Myanmar’s bilateral trade with the US increases

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.

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By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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