Myanmar's export market seems increasing yearly and South Korea has listed the 8th largest trading partner of Myanmar which exported to South Korea about 3,000 items of goods covering agricultural produces, marine and forest products, and garments, while it mainly imported from South Korea steel, garment, electrical and electronic goods.
According the report on October 10, 2009; Businessmen from Union of Myanmar Chambers of Commerce and Industry (UMFCCI) and South Korea Importers Association are to hold a meeting in Yangon on Oct. 19 will be attended by South Korean entrepreneurs dealing in metal, ore, rubber, chemicals, wooden furniture, kitchen utensils, household goods, souvenirs, electric motor parts, equipment for producing wrench, tile, surveying equipment spare parts, marine products, canned food, color sorter and gas cylinder spare parts industries, the sources said.
According to the official statistics, though there is no chart or list to prove here, Myanmar-South Korea bilateral trade amounted to 252 million U.S. dollars in the fiscal year of 2008-09 (April-March), significantly increasing from 108.2million dollars in 2007-08. Of the total, Myanmar's export to South Korea amounted to 63.7 million dollars while its import from the East Asian country stood at 188.48 million dollars.
And now, the two countries to seek more business opportunities through cooperation in industrial sector.
According the report on October 10, 2009; Businessmen from Union of Myanmar Chambers of Commerce and Industry (UMFCCI) and South Korea Importers Association are to hold a meeting in Yangon on Oct. 19 will be attended by South Korean entrepreneurs dealing in metal, ore, rubber, chemicals, wooden furniture, kitchen utensils, household goods, souvenirs, electric motor parts, equipment for producing wrench, tile, surveying equipment spare parts, marine products, canned food, color sorter and gas cylinder spare parts industries, the sources said.
According to the official statistics, though there is no chart or list to prove here, Myanmar-South Korea bilateral trade amounted to 252 million U.S. dollars in the fiscal year of 2008-09 (April-March), significantly increasing from 108.2million dollars in 2007-08. Of the total, Myanmar's export to South Korea amounted to 63.7 million dollars while its import from the East Asian country stood at 188.48 million dollars.
And now, the two countries to seek more business opportunities through cooperation in industrial sector.
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