Rice exports drop

News and updates on business and industry in Myanmar/Burma.
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Pear
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Joined: Wed Jun 06, 2012 8:23 am

Rice exports drop

Post by Pear » Wed Dec 28, 2016 10:07 am

Until mid-December this fiscal year, nearly 600,000 tonnes of rice have been exported, about 110,000 tonnes down on last year, according to the Ministry of Commerce.

From April 1 to December 16, the country exported around 590,000 tonnes of rice compared with more than 700,000 tonnes last year.

Myanmar exports rice mainly to China through Muse but also to more than 30 other countries by sea.

This year's rice exports have fallen as the Chinese authorities imposed tighter controls at Muse and fighting took place between the Tatmadaw and ethnic rebels near Muse in late November.

Muse saw exports worth more than US$2.2 billion and more than US$1.1 billion of imports.

Full story World Grain

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