Home / Knowledge / News / Textiles / Trade with Thailand leads to record high outcomes
Trade with Thailand leads to record high outcomes
08
Apr '08
Natural gas exports to Thailand earned Myanmar (Burma) nearly US $2.7 billion amounting to 45 percent of the total exports made by the country.

On the whole, in 2007, the aggregate trade touched a record high of $8.7 billion of which exports contributed 5.9 billion while imports stood at 2.8 billion, leaving a trade surplus of 3.1 billion.

Export of natural gas from Myanmar have soared since 2002 when the country for the first time opened a pipeline to deliver gas from offshore reserves in the Gulf of Martaban to Thailand.

The trade proved so lucrative that Myanmar has been seeing a trade surplus every consecutive year since 2002.

Apart from natural gas, Myanmar also exported agricultural products amounting to $572 million and gems and jewelry valuing $561 million.

Imported goods on the other hand included fuel costing $471 million, textiles $276 million and machinery parts $243 million among others.

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search