Myanmar bags over US$15 mln in rice exports on 11-17 Feb

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File Photo: Export rice bags are being loaded onto the overseas-going merchant vessel at Yangon Port.  

Myanmar generated earnings of US$15.796 million from rice and broken rice exports during the week of 11 to 17 February 2023, according to the Ministry of Commerce’s statistics.
Myanmar’s seaborne rice exports to international trade partners amounted to $5.843 million from over 13,500 tonnes that week, with over 6,690 tonnes to Asian countries and about 6,800 tonnes to European Union member countries.
Myanmar sent 4,290 tonnes to the Philippines, about 2,080 tonnes to China, 250 tonnes to Malaysia and a small volume went to Viet Nam.
Myanmar conveyed about 1,000 tonnes to the Netherlands, over 2,000 to Turkiye, about 700 to Poland, 550 to Belgium, 500 to Italy, 475 to England and a small volume to other European countries.
That week, Myanmar exported over 4,060 tonnes of rice worth $1.58 million to China through border channels. More than 17,560 tonnes of rice were delivered to China by sea and border channels, with an estimated value of $7.423 million.
The export volume indicated a drastic decrease of over 9,000 tonnes from the last week.
Myanmar maritime trade saw 14,850 tonnes of broken rice exports valued at $5.623 million, with over 5,400 tonnes to EU countries, and about 9,440 to Asian countries. The majority of the broken rice was sent to Belgium (1,450 tonnes). The country exported 975 tonnes to the Netherlands, 450 to Italy and the remaining were shipped to other European countries. Over 9,360 tonnes of broken rice are shipped to China and 75 tonnes to Singapore.
On the other hand, over 7,410 tonnes of broken rice worth $2.75 million were exported via cross-border points that week, with over 6,700 tonnes flowing to China and over 710 tonnes to Thailand.
The overall broken rice exports through maritime and border trade routes were estimated at 22,260 tonnes valued at $8.373 million. The exports of rice and broken rice amounted to $15.796 million from 39,830 tonnes. — TWA/EM

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