Monday, 21 May 2012 11:48 Mizzima News
Garment export amounted to about US$ 770 million in 2011, approaching the record figure of $829 million in 2001, the highest annual earning, the Myanmar Garment Manufacturers Association (MGMA) said last week.
The Japanese market accounted for the biggest share of export, earning $348 in 2011, compared with $183 million in 2010, said the Street View News.
The South Korean market brought in $232 million in 2011, compared with $124 million in 2010.
There are nearly 150 garment factories in Rangoon, Burma’s largest city and former capital.
Burma has exported garments mainly to Japan, Germany, South Korea and European countries in the past, but in recent years, the market has extended to Brazil, Argentina, South Africa and Turkey.
Garment export amounted to about US$ 770 million in 2011, approaching the record figure of $829 million in 2001, the highest annual earning, the Myanmar Garment Manufacturers Association (MGMA) said last week.
The Japanese market accounted for the biggest share of export, earning $348 in 2011, compared with $183 million in 2010, said the Street View News.
The South Korean market brought in $232 million in 2011, compared with $124 million in 2010.
There are nearly 150 garment factories in Rangoon, Burma’s largest city and former capital.
Burma has exported garments mainly to Japan, Germany, South Korea and European countries in the past, but in recent years, the market has extended to Brazil, Argentina, South Africa and Turkey.
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