Myanmar is the second-largest country in Southeast Asia with rich natural resources like forestry, fertile land, marine and freshwater resources, natural gas and minerals. It is also a good source of precious stones. Take a look at the report to know that mineral fuels and distillation products formed 38.6% of the country’s total export in 2018. Dominated by agriculture, the nation’s economy is largely based on it. Other industries are fishery, livestock, mining, oil and gas, textile, fruits, etc. Extractive industries such as mining, oil & gas, and forest products are the most productive.
They are also striving to improve the quality of their fruits and spices besides setting up more garment factories for the textile industry. Learn more about Myanmar’s economic condition from a Myanmar sourcing service agency to make an informed decision about procuring from the country.