Myanmar earned 92 million from border rice export in 2019-2020 FY

Myanmar earned 92 million from border rice export in 2019-2020 FY
Published 9 May 2021

Myanmar has earned US$ 92 million from border rice export in the 2019-2020 financial year and it is nearly 50 percent declined compared with previous year according to the Ministry of Planning  and Finance.

From border trade, Myanmar earned US$ 92 million from rice export and US$ 33.75 million from broken rice export. In 2018-2019 FY, rice export from border trade earned US$ 183.25 million and from broken rice export, US$ 8.81 million.

Compared with two fiscal years, 49.80 percent decline in 2019-2920 FY for rice export and  283 percent more in 2019-2020 FY for broken rice export.

From October 1 to April 2 in 2020-2021 FY, 656621.593 tons of rice worth US$ 265.340 million were exported to over 30 countries. For broken rice, 475023.450 tons worth US$ 165.327 million were earned totaling 1131645.043 tons were exported and a total worth of US$ 430.667 million were earned according to the Ministry.

Compared with previous year, 458343.410 tons of rice, 94295.630 tons of broken rice was less exported.