BUSINESS NEWS IN BRIEF

BUSINESS NEWS IN BRIEF

August 25
10:35 2016

Trade through Myawady increased in July

THE value of trade through the Maywady trade zone shot up in July, fetching US$71.146million, which is US$23.195million higher than that of the similar period of last fiscal year, it is learnt from the Ministry of Commerce.

The trade through Maywady in July earned more than US$2.135million from exports and more than US$21.060million from imports. In July, agricultural products such as mung beans, black sesame seeds, mangoes, ginger, cashew nuts, coconuts, dried pepper, garlic and herbs; and seafood such as prawns, eel and cattle fish were exported. Also imported were exported. Also imported were cement, car and auto parts, agricultural machinery, motorcycle and bicycle accessories, wire, fertilizer, plastic raw materials, batteries, palm oil, beverages, glasses and associated goods.

The most popular export goods in June were peanuts, onions, dried pepper, mung beans, clothes, crab, cashew nuts, prawns, fish and sesame seeds, whereas popular imports were motorbikes, agricultural machines, beverages and mini-buses, it is learnt.

Ref: GNLM, 24 August 2016

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