Myanmar bags $500 mln from export of various pulses in nearly 5 months

Myanmar earned over US$500 million from export of various pulses in nearly five months of the current financial year 2022-2023, the Ministry of Commerce’s statistics indicated.
Myanmar shipped US$513.347 million worth of over 660,806 metric tonnes of various pulses to foreign countries between 1 April and 26 August 2022, according to statistics released by the Ministry of Commerce.
During the nearly past five months, the country shipped over 519,868 tonnes of pulses to external markets through sea trade, generating an income of $418.152 million, while $95.195 million worth of 140,937 tonnes of pulses were sent to the neighbouring countries via cross-border posts.
Myanmar conveyed US$1.57 billion worth of over 2.02 million tonnes of various beans and pulses to foreign trade partners in the 2020-2021FY. The country shipped $966.4 million worth of over 1.24 million tonnes of pulses and beans to foreign markets through sea route, and $604.3 million valued at over 786,920 tonnes were sent to the neighbouring countries through land borders, the MoC’s trade data showed.
Myanmar’s bean cultivation covers 20 per cent of overall growing acres. Among them, black beans, pigeon peas and green grams constitute 72 per cent of bean acreage. Other beans including peanuts, chickpea, soybean, black-eyed beans, butter bean and rice beans are also grown in the country. Myanmar’s agriculture sector is the backbone of the country’s economy and various pulses are included in the main agricultural export items. — TWA/GNLM