The Minister of Economic Management for Yangon Region, U Myo Myint Aung, stated that Myanmar is currently importing approximately 50,000 tons of edible oil per month from abroad, and in 2025, imports will be reduced. 

He made this statement on December 21 during the 32nd Annual Meeting of the Myanmar Edible Oil Merchants and Entrepreneurs Association, held at the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in Yangon Region.

“In 2025, due to a reduction in edible oil imports from abroad, I encourage association members to actively engage in oilseed farming and the establishment of oil mills domestically to ensure sufficient oil for the people,” said U Myo Myint Aung.

Currently, Myanmar imports about 50,000 tons of edible oil per month, with over 30,000 tons for public consumption and about 15,000 tons for industrial use, according to U San Lin, Chairman of the Myanmar Edible Oil Merchants and Entrepreneurs Association.

“At present, the monthly edible oil import for public consumption is about 34,000 tons, and the import for industrial use is around 15,000 tons,” said U San Lin.

Previously, Myanmar was importing over 70,000 tons of edible oil per month, but this has now decreased to just over 20,000 tons.

The main countries supplying edible oil to Myanmar include Malaysia and Indonesia. The Ministry of Commerce is coordinating the weekly release of the reference price for edible oil, which is being sold in the local market.

Currently, the Myanmar Edible Oil Merchants and Entrepreneurs Association is leading an initiative where customers can order oil over the phone, and it is delivered directly to their homes, with approximately 2.75 viss being distributed monthly.