Myanmar earned over US$420 million from export of nearly 2,000 tons of jade in the 2019-2020 fiscal year exceeding over US$63 million from export of 410 tons more compared to the previous year, said an official from the Ministry of Commerce. 

“This year, we exported 1,964.488 tons worth US$420.036 million. Last year, we earned US$356.876 million from export of 1,548.452 tons of jade,” the official said. 

Over the past 56 months under the current government, over US$2,496 million have been earned from jade export including a record high of over US$971 million in 2017-2018 FY. 

Jade sales are usually made at jade emporiums. Jade export increases if more jade and gems emporiums can be held, merchants say.