Onions export to Bangladesh plunge to 366 tons in last week of Nov

Workers carrying sacks of onion towards the truck parked near a warehouse in Yangon. Photo: supplied
Workers carrying sacks of onion towards the truck parked near a warehouse in Yangon. Photo: supplied

Myanmar exported 366 tons of onions, worth US$262,400, to neighboring Bangladesh through the Sittway border gate between 23 and 29 November, according to news released online by the Ministry of Commerce.
Myanmar’s onion exports to Bangladesh were lower in the week ended 29 November compared to the previous week.
The local market has witnessed a huge increase in onion prices owing to strong demand from Bangladesh. However, Bangladesh suspended purchase of Myanmar onions in October-end as the price rose dramatically in Dhaka.
Meanwhile, 210.455 tons of rohu worth $194,514.6 was exported to Bangladesh through the Sittway border gate, an increase from 138.2 tons registered in the previous week.
During the period, dried plums, chick peas, garlic, onions, fresh ginger, and fish worth an estimated $562,985.77 were sent out of Sittway gate to Bangladesh. Meanwhile, T-shirts worth $2,700 were imported by Bangladesh.
Myanmar conducts cross-border trade with Bangladesh through the Sittway and Maungtaw gates.
Between 1 October and 6 December in the current fiscal year, border trade stood at $5.83 million at Sittway and $3.18 million at Maungtaw, totaling $8.993 million.—GNLM (Translated by EMM)

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