Myanmar black-eyed pea exports earn $26.7 mln as of 20 Aug

Myanmar has shipped more than 48,336 tonnes of black-eyed pea to international trade partners as of 20 August in the current financial year 2020-2021 since October 2020, generating a revenue of US$26.7 million, Myanmar Customs Department’s statistics showed.
At present, black-eyed peas are fetching a good price on the back of strong demand by European countries. The foreign trade partners prefer Myanmar’s black-eyed peas due to the low content of chemical residues. The prevailing price is over $1,000 per tonne, according to a depot owner from the Bayintnaung Market.
Following uncertainty in markets of black bean and pigeon peas last year, Myanmar Pulses, Beans and Sesame Seeds Merchants Association suggested, in October-end 2020, that the growers cultivate more black-eyed beans. It is primarily cultivated in Ayeyawady, Mandalay, Bago and Magway regions and Kayin State.
Myanmar’s agriculture sector is the backbone of the country’s economy as it contributes to over 30 per cent of Gross Domestic Products. The country primarily cultivates paddy, corn, cotton, sugarcane, various pulses and beans. Its second-largest production is the pulses and beans, counting for 33 per cent of agro-products and covering 20 per cent of growing acres. Among them, black gram, pigeon pea and green gram constitute 72 per cent of bean acreage. Other beans, including peanut, chickpea, soy pea, black-eyed beans, butter beans and rice beans, are also grown in the country. — KK/GNLM