The trade surplus in the 2024-2025 fiscal year was over $2.3 billion, according to the Central Committee on Ensuring Smooth Flow of Trade and Goods.
In the 2025-2026 fiscal year, efforts must be made to increase exports and increase imports to achieve a trade surplus, said Chairman of the committee on Ensuring Smooth Flow of Trade and Goods, member of the State Administration Council, Deputy Prime Minister Union Minister for Transport and Communications General Mya Tun Oo. He made the remarks at a meeting of Central Committee on Ensuring Smooth Flow of Trade and Goods held on May 23.
In addition to achieving a trade surplus, the Union Minister said that the timely return of import revenues, facilitating the import, storage and distribution of fuel and edible oil, and increasing the export of CMP businesses are also being prioritized.
The border trade route Yangon-Kawthaung-Ranong and Ranong-Kawthaung-Yangon containerized cargo import and export operations have been launched since June 2024. In this fiscal year, it is expected to earn more than US$14.7 billion from exports and more than US$14.3 billion in import value with a total trade volume of more than US$29 billion, according to the National Budget Law for the 2025-2026 fiscal year. The main market s for Myanmar’s export are China, Thailand and India. China accounts for about 25 percent of the total exports and India account for about 52 percent of the pulses exports, according to the Ministry of Commerce.