Myanmar exports rice worth over US$2 M from border trade centers

Myanmar exports rice worth over US$2 M from border trade centers
Published 3 January 2020
EMG

 

Myanmar exported over 9,000 tons of rice worth over US$2 million within two weeks, from December 14 to 20, through border trade centers in China and Thailand borders, announced the Ministry of Commerce.

It exported over 5,500 tons of rice from Muse 105 mile border trade center, about 400 tons of rice from the Chinshwehaw border trade center, over 1,300 tons of rice from the Lweje border trade center and about 2,000 tons of rice from Techilek border trade center.

Myanmar also exported over 40,000 tons of rice worth over US$12.5 million from December 15 to 21 via maritime trade routes. It exported about 16,000 tons of rice to Asia countries, about 5,700 tons of rice to EU countries and over 20,000 tons of rice to African countries.

Myanmar earned over US$65 million from over 220,000 tons of rice and broken rice export about one month of this fiscal year and it earned US$21 million more in compared with the same period in the last fiscal year, said Assistant Secretary Khin Maung Lwin of the ministry.

Myanmar is exporting rice to EU and Africa markets via maritime trade and to China through Muse mainly.

Myanmar exported about 3.6 million tons of rice in 2017-18 FY as it found new markets for rice export and it broke the record in over fifty-year time.