/

Export of forest products: Over 88.383 million USD worth forest products exported

29 November 2022
27910
2022-11-29 14:05

In 2022-2023 fiscal years, Myanmar exported more forest products worth about 11.551 million USD to the foreign market in comparison with the previous years. The exported forest products included plywood, sawn hardwood timber, sawn teak wood timber and cane.

Min Min, Director, Ministry of Commerce said "During this fiscal years from April 1 to November 4, the export of forest products by sea trading are about 86.986 million US dollars and about 1.397 million US dollars through the border trade, a total of 88.383 million US dollars exported to foreign markets. In the short term up to 4th November, we were able to exported about 74.549 million US dollars by sea trading and 2.283 million US dollars through the border trade, a total of 76.832 million US dollars of forest products to the foreign markets. The forest products exported from Myanmar to foreign countries are plywood, sawn hardwood timber, sawn teak wood timber, cane and other forest products."

For the exportation of forest products from Myanmar to foreign markets, the export licenses are being granted with the approval of the Forest Department and set prices by the Myanmar Timber Enterprise.

-- End --