Myanmar’s various pulses exports bag US$715 mln in H1

Myanmar shipped more than 860,000 tonnes of pulses, with an estimated value of over US$715 million, to foreign trade partners in the H1 (April-September) of the current 2023-2024 financial year, the Ministry of Commerce’s statistics indicated.
The value of pulses exports by seaborne trade hit $603.407 million (over 733,314 tonnes), whereas over 130,052 tonnes of pulses worth $111.604 million were sent to the neighbouring countries through the border between 1 April and 29 September 2023, totalling $715 million from exports of over 863,366 tonnes.
Myanmar’s pulses exports swelled by over $1.47 billion from over 1.9 million tonnes in the previous FY 2022-2023, the Ministry of Commerce’s statistics indicated.
Myanmar mainly exports black gram, green gram and pigeon peas to foreign markets. Of them, black gram 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 gram 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 gram 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 annual quota.
The prevailing market prices are K2.504 million per tonne of black gram (urad) and K4.07 million per tonne of pigeon pea (tur).
Black grams which India primarily purchases are commonly found only in Myanmar, whereas pigeon peas, green grams and chickpeas are grown in African countries and Australia, Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association stated. — NN/EM