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Japan Doing a Thin Trade with SLORC
Subject: Japan Doing a Thin Trade with SLORC?
JAPAN DOING A THIN TRADE WITH BURMA UNDER SLORC?
Released by ISBDA, December 30, 1995.
According to the trade data of Japanese Custom Department as cited in the
business daily Nikkan Kogyo Shimbun (12/25), Japan's export to Burma since
1988 is decreasing while import value is rising.
Although the busy trade between Japan and Burma via the routes of
Singapore, Thailand and other ASEAN countries is not accounted in the
list, Japanese trading houses like Marubeni, Mitsui & Co., etc., have taken
up this data for expansion of their business with SLORC leaders who build
a Military-Centered Market Economy in Myanmar.
The following is table of trade since 1988 in million US dollars. The
figures in parenthesis indicate percentage increase compared to previous
year.
========================================================
Year Export Import Balance
========================================================
1988 183.77(--) 32.33 (--) 151.54
1989 106.53(-42.0) 34.04 (5.6) 72.49
1990 101.10 (-5.1) 41.47 (21.8) 59.63
1991 82.41 (-18.5) 49.35(19.0) 33.06
1992 96.54 (17.1) 48.52 (-1.7) 48.02
1993 99.52 (3.1) 71.12 (46.6) 19.29
1994 67.75 (-31.9) 75.73 (6.3) - 7.98
========================================================
Main Goods in Trade
Export: Automobile, Steel, Motor Cycle, Heavy and Light Machinary
Import: Fish and Prawns, Hard Woods, Non-Ferrous Raw Material, Petroleum
Products
\EndOfReport
KT
ISBDA