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Myanmar earns 2.2 bln USD in garment export in six months

Source: Xinhua| 2018-10-10 17:22:55|Editor: xuxin
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YANGON, Oct. 10 (Xinhua) -- Myanmar earned 2.2 billion U.S. dollars from garment export during the six-month transitional period which started in April this year, the official Global New Light of Myanmar reported Wednesday.

Myanmar has changed its fiscal year period from original April-March to October-September beginning 2018-2019, producing a six-month transitional gap.

The value of garment export during six months saw an increase by 1 billion U.S. dollars, compared to the same period in last fiscal year 2017-2018.

The country's garment is mostly exported to Japanese and European markets as well as China, South Korea and the United States.

In last FY 2017-2018, the country earned about 2.5 billion U.S. dollars from garment exports.

There are over 400 garment factories with more than 300,000 workers in the industry.

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