China and regional countries top rice and broken rice buyers list

China and regional countries top rice and broken rice buyers list
Published 6 July 2019
EMG

Myanmar is exporting rice and broken rice to China, regional countries, African countries and European Union and about one third of them are bought by China and regional countries, according to Ministry of Commerce.

“Myanmar earned US$423.869 million from rice export to 58 countries and US$88.606 million from broken rice export to 28 countries from October 1 to June 14 in this fiscal year. It earned US$512.475 million in total from rice and broken rice export,” said an official from the ministry.

Myanmar is exported rice and broken rice to 88 countries this year and five top most buyers are China, Philippines, Cameron, Ivory Coast and Ghana, according to Myanmar Rice Federation (MRF).

Myanmar earned US$162.782 million from rice export to China, US$58.284 million from rice export to Philippines, US$32.043 million from rice export to Cameron, US$31.972 million from rice export to Ivory Coast and US$17.678 million from rice export to Ghana from October 1 to June 14.

Myanmar exported over 1.68 million tons of broken rice to 88 countries till June 14 in this fiscal year and over 36 per cent of them are exported to China.

According to statistics, Myanmar earned US$423.869 million from over 1.35 million tons of rice and broken rice export to 54 countries from October 1 to June 14 in this fiscal year.

Myanmar had over 16.6 million acres out of over 17.6 million of paddy fields which can be reaped in 2017-18 FY, announced the ministry.