June 29, 2017

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Myanmar earns over US$12 million from rice exports by sea last month

A worker enloads a bag of rice from a ship at a Botahtaung jetty, Yangon on 31 January 2017.

MYANMAR received over US$12 million from the export of over 40,000 tonnes of rice mainly to China, and some European countries by sea in January, according to Commerce Ministry.
The country sent 40,333 tonnes of rice worth $12.212 million to its partner buyers last month, an increase of more than 17,000 tonnes compared with December of last year, when 22,639 tonnes of rice went to foreign buyers.
From 29 January to 4 February, $3.558 million worth white rice and parboiled rice were sent to neighbouring China and EU member countries.
According to the ministry, some 750 tonnes of Emata rice went to Papua New Guinea, 3,500 tonnes to Emata rice China, 2,090 tonnes of Emata rice and 550 tonnes of Ngasein rice to Sri Lanka, 2,100 tonnes of Emata rice to Singapore, and 1,570 tonnes of Emata rice, 250 tonnes of Ngasein rice and 573 tonnes of parboiled rice to the western nations.
The export of broken rice in January decreased by 11,069 tonnes compared to the previous month. The country earned $10.884 million from the export of broken rice weighing 40,576 tonnes.
Over the first ten months, the country exported 1.15 million tonnes of rice and broken rice to foreign partners. About 1.5 million tonnes of rice and broken rice were sent to those countries in 2015-2016 fiscal year.
Myanmar continues to export rice to over 50 countries, with 70 per cent of rice goes mainly to neighbouring China, the most-populous country in the globe.

Khine Khant

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