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Myanmar’s garment exports down in first fiscal quarter

Myanmar exported garments totaling US $1.04 billion in the first fiscal quarter ending June 30, 2023, down 7 million compared to the same period last year.

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“In fiscal 2022-23 (April to March), exports of apparel stood at .

38 billion,” media reports quoting the Central Statistical Organisation of Myanmar, informed.

In 2010, Myanmar’s global clothing shipments stood at only 7 million, but they tripled by 2014, reaching nearly billion and growing five times to .
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38 billion in 2022.

Myanmar mainly receives its readymade garments export orders from Japan, China, South Korea, and the EU.

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