"Mr Hoos added that German businesses are also keen to invest in the Myanmar energy and agriculture sectors, adding to the US$32 million worth of investments by four other German businesses in Myanmar to-date, according to the Directorate of Investment and Company Administration. The largest investment by a Germany company in Myanmar is Metro Wholesale, which has channeled approximately US$10 million into its business operations in the country. Metro Wholesale is involved in food service distribution for hotels, restaurants, catering firms, independent small retailers and offices. It is a joint venture partnership between Metro AG, the German specialist in wholesale food and Yoma Strategic Holdings Limited, which is listed in Singapore. Metro Wholesale procures its raw materials directly from local farmers. Meanwhile, total trade volumes between Myanmar and Germany surpassed US$580 million in 2017-18, with exports exceeding imports by US$180 million. During the year, Myanmar exported a total of uS$380 million worth of goods, mainly garments and textiles, to Germany. It imports machinery and pharmaceutical products from Germany..."