Free Knowledge... From People... To People
Search by Date Myanmar Version Mobile Version
 Business NEWS
Updated on July 9, 2018 From The Global New Light of Myanmar

Bilateral trade with the Netherlands exceeds $61 million in two months

THE value of trade between Myanmar and the Netherlands reached US$61.98 million in the first two months of the six-month period (April to September) prior to the 2018- 2019 fiscal year, while exports outdid imports in Myanmar’s bilateral trade with the Netherlands, according to figures of the commerce ministry.
        Exports are worth $57.25 million, while imports from the Netherlands are valued at $4.73 million.
        Myanmar exports agro products such as oil seeds and vegetable oil and men’s and women’s shirts, parasols (traditional Pathein umbrellas), and fishery products, while dairy products, consumer goods and raw industrial materials are imported from the Netherlands.
        Bilateral trade was registered at $211.57 million in the 2017-2018 FY, $141million in the 2016-2017 FY, $61 million in the 2015-16 FY, $42 million in the 2014-2015 FY, $26 million in the 2013-2014 FY, $9 million in the 2012-2013 FY and $23 million in the 2011-2012 FY.
        The Netherlands is listed among the top ten investor countries in Myanmar. A capital of $1.5 billion was brought into the country since the 1988-1989 FY, according to the statistics of the Directorate of Investment and Company Administration. Multinational corporations headquartered in the Netherlands— Shell, Unilever and Phillips— are also doing business in Myanmar.

View Count : 283 | Posted by

~ Latest News ~

Businesses positive over growth prospects
Rise in dollar rate, but drug prices remain low: MPMEEA chair
FATF to review Myanmar over money laundering concerns
Shwe Bite set to delight office workers with home-cooked food
Yangon hustle: the shadowy trade in gold and dollars
Masked man robs an online store in Yangon
Myanmar business organization calls on EU to deliberate on trade sanctions
AGD Bank Now Accepting EMVbased UnionPay Chip Card Transactions
Shwe Property’s Third Real Estate Expo Generated $28 Million USD
MRBEA to Implement Integrated Bamboo Industrial Zone
New Myanmar auto import policy announced
Myanmar-Singapore joint venture increases capital in aviation fuel import
Pigeon pea plantation acreage remarkably drops from uncertainty of India’s market
Rising demand for home loans could stabilise property market
Myanmar welcomes more investment from Hong Kong
Yoma Bank and MC Easy Microfinance sign two MMK 4 Billion Agreements
Counting on coffee for a strong boost in growth
Condos Yet to be Sold to Foreigners Despite New Law
Manufacturing sector attracts 60 foreign enterprises in past mini-budget period
Petroleum Traders Suggest Tax Changes to Bring Down Fuel Costs
Motorbike Sales Rise Due to Stronger Kyat Rate Against Chinese Yuan
Myanmar Outlines Challenges and Opportunities to Oxford Business Group
Suzuki launches new Swift, targets younger buyers
Rice export to China decreases due to wetness, arrests
Gold price rises above Ks1 million per tical in recent days
Singapore agency predicts a positive forecast for Myanmar economy
Myanmar Opens Five Pearl Farms for Tourists
Huawei unveils full-stack AI strategy, releases AI chips
Govt. calls for parking zone tenders
Myanmar earns US$630,000 from Maungdaw border trade export in Sept
Myanmar’s fruit exporters face difficulties with China’s quality inspections
Cotton price hits high of Ks1,750 per viss
ADB publishes estimated GDP figures for 2018/19
Consortium set to build 12 story high-rise in Yangon
Border trade between Myanmar and India reaches USD 87 million
China agrees to continue Kyaukpyu project based on results
Illegal aliens from Sagaing watermelon and muskmelon farms deported
Calls out for investments in China-Myanmar border economic zone
Calls out for investments in China-Myanmar border economic zone
Myanmar to Maintain its 30 Percent Special Goods Tax for 2001-4000 CC Engine Power Vehicles
More News