Myanmar earned about US$80 million from broken rice exports to 46 countries from October 1 to January 10 and most of them were exported to Indonesia, according to Myanmar Rice Federation (MRF).

The other top three countries in the list are Senegal, Belgium and Guinea.

Myanmar earned US$22 million from Indonesia, US$21,667 million from Senegal and US$13 million from Belgium.

The government is planning to buy paddy from Bago, Ayeyawady and Yangon regions using state fund and it planned Ks8 billion for Bago Region and Ks5 billion for Ayeyawady Region, said Aung Htoo, Deputy Minister for Commerce in early November.

If the market price for paddy lowers more than the base price, the government planned Ks15 billion to buyout the paddies, said the deputy minister.