Imports of consumer goods hit $1.26 billion
Myanmar’s import of consumer goods hit US$1.261 billion during the current 2018-2019 fiscal year, down by $110 million against the same time last 20172018 FY, according to state media. Between 1 October 2018 and 15 February 2019,
the total imports of consumer products included $14.585 million by the public sector and $1.247 billion by the private sector. When compared with the corresponding period last FY, this FY saw a decline in public sector’s imports of manufactured goods by $24.682 million, whereas the private sector’s imports of the same went down by $85.655 million. During the same time last year, the public sector imported consumer goods worth $39.267 million and the private importers bought the same products amounting to $1.332 billion, totalling $1.371 billion.