Myanmar’s imports continue to outpace exports in Q1

Burma’s export volume rose slightly in the first quarter of the 2015-16 fiscal year compared with the same period last year, but failed to keep pace with increasing imports in an indication that the weakening of the country’s currency in recent months has failed to curtail a growing trade deficit.

From 1 April to 30 June, exports totaled US$2.7 billion, compared with $2.5 billion over the same period in 2014-15, Ministry of Commerce data show.

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