Over US$9 billion worth of goods imported this year

More than US9 billion worth of goods has been imported this fiscal year (FY) including automobiles and the volume is more than US$2 billion than last year, according to the Ministry of Commerce.

From April 1 to October 24 of 2014-2015 FY, total volume of imports including cars was US$9295.681 million.

During the same period of last FY, the volume of imports was US$7085.362 million and so, this FY has seen US$2210.319 million more than the same period of last year.

Myanmar imports investment products, consumer goods, and raw materials to feed the growing industries every year. Out of the three items, investment products and raw materials topped the imports.

Raw materials for industries include flour, petroleum products, industrial oil, chemical products, paints and polishes, fertilizers, raw plastic, raw materials of rubber, chemical dyes, papers for industries and others, iron and steel products, raw materials for mining, chemical hank and other hanks, galvanized iron sheets, and tyres and tubes.

Investment products imported during that period include cement, fishing nets, railway and related materials, aircraft and related materials, motorcars and its parts, ships and related materials, tractor and other vehicles for agriculture, telephones and communication devices, devices for television, computer and related materials, air-conditioners, engines, machines, and construction products.


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