Broken rice export fetches over $ 48 m in two months

Broken rice export fetches over $ 48 m in two months
Published 18 December 2019

 

From October 1 to November 29 in 2019-20 FY, Myanmar earned 48.413 million US dollars from exports of 0.1866 million tons of broken rice to 38 countries, according to the Myanmar Rice Federation (MRF).

During this period, Myanmar earned over 17 million US dollars from exports of 64,900 tons of broken rice to Indonesia. 

In addition, Myanmar exported 27,500 tons of broken rice worth seven million US dollars to Belgium, 5,000 tons of broken rice worth more than one million USD to Mali and around 5,000 tons worth over one million USD to Thailand. 

Myanmar exports rice and broken rice to the EU and African markets via marine route and to China via Muse border gate. 

In 2018-19 FY, Myanmar earned 709.693 million US dollars from exports of 2.355 million tons of rice and broken rice, according to the MRF. 

In 2017-18 FY, Myanmar’s rice and broken rice export hit a record high of nearly 3.6 million tons during over 50 years.