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Myanmar Trade and Investment Update : FY2021 Review_EN_2022
With two waves of COVID-19 and the February 2021 coup, Myanmar’s international trade declined by 19 percent (or US$7.1 billion) in FY21. Compared with FY20, exports and imports declined by 16 percent and by 23 percent, respectively, in FY21 resulting in a trade surplus of US$269 million. Along with decreasing trade volume, FDI commitments and new company registrations were 31 and 43 percent lower in FY21, respectively, compared with FY20. In the aftermath of the coup, many international firms announced a suspension or cessation of operations and investment plans.
Additional Information
Field | Value |
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Last updated | 17 វិច្ឆិកា 2022 |
Created | 17 វិច្ឆិកា 2022 |
ទម្រង់ | |
អាជ្ញាប័ណ្ណ | Other (Public Domain) |
ឈ្មោះ | Myanmar Trade and Investment Update : FY2021 Review_EN_2022 |
ការពិពណ៌នា |
With two waves of COVID-19 and the February 2021 coup, Myanmar’s international trade declined by 19 percent (or US$7.1 billion) in FY21. Compared with FY20, exports and imports declined by 16 percent and by 23 percent, respectively, in FY21 resulting in a trade surplus of US$269 million. Along with decreasing trade volume, FDI commitments and new company registrations were 31 and 43 percent lower in FY21, respectively, compared with FY20. In the aftermath of the coup, many international firms announced a suspension or cessation of operations and investment plans. |
ភាសារបស់ធនធាន |
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