Trade with Italy brings in $190 million in 11 months

Source : The Global New Light of Myanmar
View Count : 383
May 13, 2018

THE value of Myanmar’s bilateral trade value with Italy prior to a month before the end of the 2017- 2018 fiscal year reached some US$189.7 million, including $98.7 million in exports and $91 million in imports, according to figures released by the commerce ministry.
        Bilateral trade value with Italy was registered at some $136.7 million in the 2016-2017 FY, $73.1 million in the 2015-16 FY, $113.5 million in the 2014- 2015 FY, $124.69 million in the 2013-2014 FY, $27.8 million in the 2012-2013 FY and $23.5 million in the 2011-2012 FY.
        Myanmar exports Pathein parasol (traditional umbrella), hilsa, finished textiles and clothing, footwear, animal products and vegetables, while chemicals, raw materials, consumer goods, capital goods, metals, food products, and machines and electronics are imported.
        On 10 May, Union Minister for Commerce Dr Than Myint received a delegation led by Mr. Fabio De Cilli, Trade Commissioner of the trade promotion section of the Italian Embassy, to boost bilateral trade.



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