Alexa
  • Directory of Taiwan

Myanmar the market with greatest potential growth: TAITRA

Myanmar the market with greatest potential growth: TAITRA

Taipei, Jan. 12 (CNA) Myanmar is at the top of a list of the 40 markets with the greatest potential selected by the Taiwan External Trade Development Council (TAITRA), the semi-official trade promotion body said Monday. The council published its target export market potential index for the first time Monday, with Myanmar at the top, followed by Bangladesh and Mozambique. The index covered 80 major markets around the world and will be posted online on Jan. 14. Kate Chen, an associate researcher at the Market Research Department, said that of the 40 export markets with the most potential for growth in 2015, 17 are in Asia, while the other 23 are in Europe, the Americas, Africa and the Middle East. Though Myanmar had the highest rating for growth potential alone, China, the United Sates and India ranked the highest for growth potential, market scale and overall potential in 2015. They were followed by Hong Kong, South Korea, Vietnam, Germany, Bangladesh, and the United Arab Emirates. Stephen I. C. Wu, head of TAITRA's Market Research Department, said the new market potential index databank can be used to check information on Taiwan's export markets, import duties as well as the competitiveness of Taiwan's products, market intelligence and ratings for the market's growth potential. All of the information is updated regularly, he said.
(By Milly Lin and Lilian Wu)


Updated : 2021-09-26 18:53 GMT+08:00