MUST READ:Now where did I put that $2.37 billion I earned last year…? by rspas.anu.edu
Now where did I put that $2.37 billion I earned last year…?
July 29th, 2009 by Kyaw Kyaw, Guest Contributor · 2 Comments
Myanmar government figures for the latest financial year have been released and essentially it’s more of the same.
Gas sales to Thailand amounted to about US$2.38 billion, a slight drop on last year’s $2.53 billion, and continued to be by far the largest export earner. However, the volume exported dropped sharply from 516 billion cubic feet to 377 billion cubic feet, or about 1033 million cubic feet a day. That’s roughly one-third of Thailand’s total demand.
Total exports rose slightly, to about $6.8 billion, up from $6.4 billion, while imports rose about 33 percent, to $4.6 billion.
Most of Myanmar’s imports came from China (26.5 percent), Singapore (23 percent), Thailand (8.6 percent), Malaysia (7.9 percent) and Indonesia (4.6 percent).
The majority of exports went to Thailand (38.7 percent, mainly natural gas), Singapore (12.5 percent), India (11.9 percent, mainly beans and pulses), Hong Kong (9.8 percent) and China (9.1 percent).
In Myanmar, the financial year begins on April 1 and ends on March 31, so these are for the 2008-2009 financial year.
Note these are all provisional figures, from the government’s big red book (also known as Selected Monthly Economic Indicators, which is released by the Central Statistical Organization). You should be able to find these figures somewhere on the Ministry of Commerce website in Myanmar or English but I’m not exactly sure where. continue
