Yangon Region - Economy

Economy

Yangon Region is the most developed region in the country. According to the government's official statistics for FY 2010–2011, the size of the economy of Yangon Region was 8.93 trillion kyat, or 23% of the national GDP. Greater Yangon is Lower Myanmar’s main trading hub for all kinds of merchandise – from basic food stuffs to used cars. Bayinnaung Market is the largest wholesale center in the country for rice, beans and pulses, and other agricultural commodities. Much of the country’s legal imports and exports go through Thanlyin's Thilawa port, the largest and busiest port in Myanmar. At least 14 light industrial zones ring Yangon, employing thousands of workers. Outside Greater Yangon, rice farming remains predominant. Other important crops include jute, pulses, rubber, sugarcane, and groundnut.