Myanmar exports 140,000 tonnes of pulses in last three weeks

DSC 0829 sskm
The value of Myanmar’s pulses exports hit over US$1.48 billion from over 1.76 million tonnes in the previous FY 2023-2024. A worker organizing export pulse bags in the warehouse.

Myanmar bagged US$56 million from about 140,000 tonnes of pulses exports in the first three weeks of the current financial year 2024-2025 beginning 1 April, the Ministry of Commerce’s statistics showed.
Myanmar’s seaborne trade recorded over 136,218 tonnes of pulses exports worth $113.24 million, whereas over 3,738 tonnes of pulses worth $3.38 million were sent to the neighbouring countries between 1 and 19 April this FY.
The value of Myanmar’s pulses exports hit over $1.48 billion from over 1.76 million tonnes in the previous FY 2023-2024, the Ministry of Commerce’s statistics indicated.
Myanmar mainly exports black grams, green grams and pigeon peas to foreign markets. Of them, black grams and pigeon peas are primarily shipped to India, while green grams are exported to China and Europe.
India has growing demand and consumption requirements for black grams and pigeon peas. According to a Memorandum of Understanding between Myanmar and India signed on 18 June 2021, India will import 250,000 tonnes of black grams and 100,000 tonnes of pigeon peas (tur) from Myanmar for five consecutive years from 2021-2022 financial year to 2025-2026 FY. This G-to-G pact will not affect the pulses’ annual quota set by India. Myanmar’s exporters are also entitled to deliver the pulses to India under that yearly quota.
The prevailing market prices hit K3.135 million per tonne of black grams (urad) and K4.04 million per tonne of pigeon peas (tur), according to figures released by the Yangon Region Chambers of Commerce and Industry.
The prices hit a record high of K3.5 million per tonne of black grams and K4.197 million per tonne of pigeon peas on 5 February.
The Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association stated that black grams, which India primarily purchases, are commonly found only in Myanmar, while pigeon peas, green grams and chickpeas are grown in African countries and Australia. — NN/EM

Share this post
Hot News
Hot News