Trade between Myanmar and Sweden decreases


Swedish flag. Photo: Wikipedia

Trade between Myanmar and Sweden reached US$55.848 million in the 2017-2018 fiscal year, which saw a slight decrease in value by $6.148 million than the previous FY, according to the latest report of the Ministry of Commerce, quoted in state media.

In the 2017-2018 FY, the total bilateral exports of the two countries amounted to $31.934 million, increasing by $10.611 million against the 2016-2017 FY, while Myanmar’s imports from European member states were worth $23.914 million, decreasing by $19.808 million.

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