Myanmar's trade with ASEAN member countries reaches 9.6 bln USD
Myanmar's trade with member countries of the Association of Southeast Asian Nations (ASEAN) hit 9.6 billion U.S. dollars in the last fiscal year 2016-17 which ended in March, according to the latest official figures released on Monday.
Of the total, Myanmar's export to the region's trading partners stood 3.093 billion U.S. dollars, while its import from them represented 6.513 billion dollars, the figures of the Ministry of Commerce showed.
Thailand topped the list of Myanmar's five ASEAN trade partners with 4.277 billion dollars during the year, followed by Singapore with 2.967 billion dollars, Malaysia with 980 million dollars, Indonesia with 827 million dollars, Vietnam with 494 million dollars and the Philippines with 56 million dollars.
However, trade with Brunei, Laos and Cambodia showed lower than 3 million dollars.
According to statistics, Myanmar's trade with ASEAN member countries was 10.432 billion dollars in 2015-16, down from 12.604 billion dollars in 2014-15.
Myanmar exports to the region agricultural products, marine products, mineral and finished industrial goods, while importing from the region consumers goods, electronic products, capital goods, automobile and accessories and intermediate goods.
(ASIA PACIFIC DAILY)
ASEAN countries not to take sides between U.S., China in upcoming U.S.-ASEAN Summit
A two-day summit will kick off on Monday between ASEAN leaders and its host U.S. President Barack Obama at the Sunnylands Center in California, which is the first such meeting to be held on the U.S. soil.
Asean central to peace and prosperity in Asia, says Obama at US-Asean summit
US President Barack Obama has underscored the importance of US-Asean relationship at a key summit, saying the region was central to peace and prosperity in the Asia-Pacific.
Chinese premier stresses China' s stance on South China Sea issue
Chinese Premier Li Keqiang on Thursday spelled out China's stance on the South China Sea issue in his speech at the 11th East Asia Summit, calling for concerted efforts of all relevant parties to properly handle disputes.
China-ASEAN Machinery Expo kicks off in Hanoi
The 2017 China-ASEAN Machinery Expo kicks off here on Thursday morning.
ASEAN Children Festival held in Vietnam
The Association of Southeast Asian Nations (ASEAN) Children Festival is being held in Vietnam's capital Hanoi, with the participation of nine children delegations from ASEAN members as well as from China and South Korea.