Myanmar's foreign trade declined 6.8% to $3.53bn in Q1 of the 2024-25 fiscal year, with both imports and exports contributing to the drop.
Myanmar's foreign trade declined 6.8% to $3.53bn in the first 1.5 months of the 2024-25 fiscal year, with imports and exports both contributing to the drop. Total goods imports were valued at $1.77bn, and exports at $1.76bn, a decrease from $3.79bn in the same period last year. Factors such as economic instability, geopolitical tensions, and supply chain disruptions likely contributed to the decline.
May 24, 2024
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