Myanmar conveys over 1 mln tonnes of rice to external markets in April-Sept

KKH 99 sskm
Export rice is well packged at the rice mill.

Myanmar shipped over 1.146 million metric tonnes of rice and broken rice to foreign trade partners in the first half (April-September) of the current financial year 2022-2023, with an estimated income of US$404 million, according to Myanmar Rice Federation (MRF).
In the past seven months, more than 42 exporter companies delivered over 909,652.4 MT of rice and broken rice to external markets by sea, whereas over 237,318 MT were sent to neighbouring countries via border posts.
Myanmar shipped rice and broken rice to regional countries, countries in Africa and European Union member countries through maritime trade. It is also exported to neighbouring countries, China and Thailand through cross-border posts.
China is still the main buyer of Myanmar’s rice in the past seven months, purchasing over 170,000 tonnes of rice and over 210,000 tonnes of broken rice.
Myanmar exported rice to over 20 foreign markets in the past months, mostly to China (174,606 MT), followed by Bangladesh, the Philippines and other European countries such as Italy, Spain, Poland, Belgium, the Netherlands and France.
Additionally, Myanmar primarily conveyed over 214,007 MT of broken rice to China and 142,393 MT to Belgium.
The prices of high-grade rice varieties stood at K50,000-90,000 per bag and K35,500-45,000 per bag for low-grade rice varieties.
The export price of Myanmar’s rice was relatively lower than the rates of Thailand and Viet Nam, according to MRF.
The federation targeted to ship 2 million tonnes of rice this year. Myanmar has shipped more than 1.4 million tonnes of rice and broken rice to foreign trade partners between 1 October and 31 March in the past mini-budget period (2021-2022), Myanmar Rice Federation stated.
Myanmar bagged US$700 million from two million tonnes of rice exports to foreign countries in the past 2020-2021 financial year. — KK/GNLM

Share this post
Hot News
Hot News
Yangon circular train services temporarily suspended for Thingyan Festival
One of the most consumed, Nga-gyi-gan fish price higher in the market
Myanmar Rescue Organization provides water to insufficient areas and plans to continue to help
Putao to Mt Hponkanrazi climbing tour arranged in April to enjoy the greatest beauty with dense snow caps
Car rental for travelling recently increases, day trips around Yangon rise
Promoting yam eating culture in Myanmar to develop domestic market
SAC Chairman Commander-in-Chief of Defence Services Senior General Thadoe Maha Thray Sithu Thadoe Thiri Thudhamma Min Aung Hlaing delivers speech at 79th Anniversary of Armed Forces Day parade
Tatmadaw families led by Senior General Min Aung Hlaing and wife pay respect to retired senior military officers who attended 79th Anniversary of Armed Forces Day ceremony
SAC Chairman, senior military officers pay tribute at Memorial to Fallen Heroes in Nay Pyi Taw
Senior General: National Defence and Security Council to facilitate transition to democratically elected government