Myanmar earned over US$800 million from farming products export within three months of this fiscal year and it earned US$170 million more in compared with the same period in last fiscal year, according to Ministry of Commerce.

Myanmar is exporting farming products, animal products, fishery products, mining products, forestry products, industrialized finished products and other goods mainly.

The income from export sector is increased as it exported more industrialized finished products, rice and broken rice and jade and natural gas and bean prices are also increased, said Assistant Secretary Khin Maung Lwin of the ministry.

“We exported rice mostly and jade also. We have a good price of natural gas and beans,” he said.

The ministry set plans to reduce trade deficiency, to draw national level export strategy to increase export products, to reduce rules and regulations, to encourage private sector to produce value-added products and to grant tax exemption such as GSP to expand export market.