Myanmar: Timber Exports Reach US$1 bn in 2013-2014
Apr 30, 2014
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Eleven Media Group
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The export of teak, hardwood and other timber has reached US$ 947 million in the 2013-14 fiscal year, according to statistics from the Ministry of Commerce.
The trade value of teak, hardwood, plywood, and other wood products exported overseas amounted US$ 916 million while timber exported overland reached US$ 31 million, according to government statistics.Teak logs were the largest export with a value of US$ 638 million while nearly 34,328 tonnes of teak lumber was exported with a net worth of US$ 31.552 million.Over 590,000 tonnes of hardwood logs, worth US$ 222 million, and hardwood lumber weighing over 9,000 tonnes as well as 18,000 tonnes of plywood was shipped abroad.