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  • Who We Are
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    • Leadership Engagement
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    • Desk Initiatives
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January 17, 2022

Import value declined by over US$ 4 billion

  • By ISP Admin
  • ISP Clips

Since the coup, both import and export value dropped to the lowest points in July 2021. Compared to FY 2019-20 (Oct 2019 to July 2020), FY 2020-21 (Oct 2020 to July 2021) saw a decline of US$ 4 billion in import value, while export value decreased by over US$ 2.7 billion. Myanmar is trading with over 236 countries and regions and China is the biggest trading partner. Trade with China, Japan, India, ASEAN countries made up about 75 percent of Myanmar’s total foreign trade value.

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The Institute for Strategy and Policy – Myanmar (ISP – Myanmar) is an independent, non-partisan and non-governmental think tank. Established in 2016, ISP-Myanmar aims to promote democratic leadership and strengthening civic participation in Myanmar through its key strategic programs and initiatives. The institute primarily focuses on research, capacity building, leadership engagement, communication and outreach programs, and desk initiatives on Peace and China issues.
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