Myanmar ships $128 mln worth over 190,000 tonnes of pigeon peas this FY

etCg7m2F in Mandalay mk
Myanmar’s pigeon peas are primarily shipped to India and also exported to Singapore, the US, Canada, Pakistan, the UK, and Malaysia. But, the export volume to other countries rather than to India is extremely small.

Myanmar exported more than 191,963 tonnes of pigeon pea to the foreign trade partners between 1 October 2020 and 3 September 2021 in the current financial year 2020-2021, generating an income of US$128 million, according to the Ministry of Commerce’s trade data.
At present, the price of pigeon pea in India is rising following the relaxation on bean import quota by India.
The pigeon pea fetch around K1,405,000 per tonne, according to Bayintnaung wholesale centre’s price data.
Myanmar’s pigeon pea is primarily shipped to India and also exported to Singapore, the US, Canada, Pakistan, the UK, and Malaysia. But, the export volume to other countries rather than to India is extremely small.
The domestic bean market is positively related to the law of supply and demand, said an official of Myanmar Pulses, Beans and Sesame Seeds Merchants Association.
India set an import quota on beans including black gram and pigeon pea starting from 2017. Myanmar earlier had to export black bean and pigeon pea under the quota system and limit period.
On 15 May 2021, India’s Ministry of Agriculture and Farmers Welfare approved not only black gram but also other pulses being imported from Myanmar that have the bill of lading up to October-end 2021, with relaxation of conditions regarding clearance consignment extended up to 31 December 2021.
Additionally, Myanmar can export 250,000 tonnes of black gram (urad) and 100,000 tonnes of pigeon pea under the G-to-G (government to government) pact during the April-March period between the 2021-2022 financial year and the 2025-2026FY, as per the Memorandum of Understanding between the Ministry of Commerce and India’s counterpart signed on 18 June.
This year, the G-to-G pact ensured a strong market next five years, along with other relaxations on import quota, Myanmar Trade Promotion Organization under the Ministry of Commerce stated. Myanmar’s agriculture sector is the backbone of the country’s economy and 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 pulses and beans, counting for 33 per cent of agro products and covering 20 per cent of growing acres. Among them, black gram, pigeon peas and green gram constitute 72 per cent of bean acreage. Other beans, including peanut, chickpea, soy pea, black-eyed bean, butter bean and rice bean are also grown in the country. – KK/GNLM

Share this post
Hot News
Hot News
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
SAC Vice-Chairman Deputy Commander-in-Chief of Defence Services Commander-in-Chief (Army) Vice-Senior General Soe Win and wife pay respect to Independence Mawgun Award winners who will attend 79th Anniversary of Armed Forces Day Parade