Home / Knowledge / News / Apparel/Garments / Myanmar exports CMP garment worth $3.6 bn in 10 months

Myanmar exports CMP garment worth $3.6 bn in 10 months

Aug '20
Pic: Shutterstock
Pic: Shutterstock
Exports of garments in Myanmar under the cut-make-pack (CMP) system were worth $3.6 billion in the past ten months of fiscal 2019-2020, which ends on September 30, according to data from the ministry of commerce. The export figures reflect a decrease of $60 million compared to the same period in the last fiscal. The CMP garment sector contributes to over 20 per cent to exports.

Myanmar’s manufacturing sector is largely concentrated in CMP garments and textiles.

At present, some CMP garment factories have shut down due to lack of raw material, leaving thousands of workers unemployed.

The export value of CMP garments was only $850 million in fiscal 2015-2016, but it has tripled over the last two fiscals. In 2016-2017, about $2 billion was earned from such exports. The figure increased to an estimated $2.5 billion in 2017-2018 and $2.2 billion in the 2018 mini-budget period (from April to September).

It tremendously grew to $4.6 billion in 2018-2019, a Myanmarese newspaper reported citing commerce ministry data.

Fibre2Fashion News Desk (DS)

Must ReadView All

Pic: Shutterstock

E-commerce | On 30th Nov 2020

France to impose 'digital tax' in 2020

France has decided to impose a new digital tax on big online...

Pic: University of York

Textiles | On 30th Nov 2020

UK scientists working to reduce textile industry waste

Scientists at the University of York and the Royal College of Art are ...

Pic: Material Exchange

Textiles | On 30th Nov 2020

Material Exchange raises €5 million for sustainability

Material Exchange has announced the closing of a €5 million funding...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Janak Dhamanwala & Sunil Dhamanwala, Jansun

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Amrit Sethia, SOIE

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Zillur Rehman,

Zillur Rehman

Cornerstone Systems offers consultancy to businesses for enhancing their...

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Abhishek Ralli,

Abhishek Ralli

Guide group is a government recognised manufacturing house engaged in the...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Pranav Mishra, Huemn

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2020

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

Advanced Search