$120 m earned from exporting 455,000 tons of broken rice in 11 months

$120 m earned from exporting 455,000 tons of broken rice in 11 months
Published 12 September 2019

 

Myanmar earned more than US$120 million from exporting over 450,000 tons of broken rice in 11 months this fiscal year but the amount fell by over US$14 million when compared to the same period of last year as over 17,000 tons were reduced this year, said an official from the ministry of commerce. 

"From October 1 to August 30 in the current 2018-2019 fiscal year, 459,927.860 tons of broken rice worth US$122.392 million," said the official. 

In the same period of last fiscal year, US$136.510 million was earned from export of 477,017.635 tons of broken rice. 

Therefore, this year saw a fall of 17,089 tons worth over US$14.188 million. 

Myanmar exports broken rice mainly to Belgium, Indonesia, China, the Netherlands and Britain, according to Myanmar Rice Federation. 

Myanmar's rice and broken rice are exported by both maritime and border routes. Most rice and broken rice are exported to through Muse border trade camp. Rice and broken rice go to EU countries and African countries through maritime route.