Myanmar Exports Over 1.20 Million Tons of Rice In Last 10 months

According to the figures of Ministry of Commerce of Myanmar , Myanmar exported over 1.2 million tons of rice in nearly 10 months of the current fiscal year 2016-17 as of January, earning 376 million U.S. dollars, Of the rice export, 68 %or 800,000 tons were done through border trade, while over 400,000 tons were sold through normal trade.

 

About 80 % of the country's rice export went to China mostly through border trade. Other exporting countries and regions are Indonesia, Singapore, European Union, Africa, Russia and Brazil.

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Meanwhile, Pakistan and the Philippines have proposed to Myanmar to purchase the country's rice under government-to-government system, while negotiations are underway to boost rice export to Sri Lanka and Indonesia.The country exported 767,753 tons of rice in the last fiscal year 2015-2016.

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