September 25, 2017

180,000 tonnes of rice to go foreign markets via sea in early months of 2017

A farmer harvests rice on a field in Maungtaw, Rahine.

ABOUT 180,000 tonnes of Myanmar’s rice will be sold to foreign buyers through normal trade within the first three months of this year, according to the Ministry of Commerce.
Due to high demand from Africa, this year’s export volume of rice has increased when compared with the same period last fiscal year. The ministry is putting forth continuous efforts to penetrate not only the African market but also the European market. During this financial year, the country exported more than 120,000 tonnes of rice to its trade partners via sea routes while over 470,000 tonnes of rice went to neighbours through border trade camps.
Rice exports via the Muse Border Trade Camp this year is lower than that of last year, resulting from recent fighting near Muse border town and China’s crackdown on cross-border trade.

 

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