According to the "Myanmar Global New Light" reported on July 6, Myanmar's Ministry of Commerce official statistics show that in the past three months, Myanmar's garment industry exports amounted to nearly 400 million US dollars, an increase of 100 million US dollars over the same period last year. With the lifting of economic sanctions in Europe and the United States, the Myanmar garment industry has ushered in new growth. At present, there are more than 400 garment factories in Myanmar, employing more than 300,000 laborers. Clothing exports to Japan, Europe, South Korea, China, the United States, of which Japan, Europe have the highest order shipments. Myanmar's garment industry is concentrated in the “cutting, manufacturing, packaging†segment, and its low labor cost is both an attractive point for investment and aggravating the tension between employers and employees. Burmese labor leaders and policy makers hope that the domestic apparel industry can be transformed into a more value-added “offshore†system. International apparel manufacturers are not only responsible for tailoring manufacturing, but also for material procurement and finished product transportation. According to the statistics of the Ministry of Commerce, Myanmar’s garment exports amounted to US$1.8 billion in the 2016/17 fiscal year. Natural gas and agricultural products each account for 25% of Myanmar's exports. The garment industry accounts for 16%, mineral products account for 8%, fisheries account for 5%, forests, animal products and other products account for 21%.
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