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Rice export earnings exceed $250 in three months

During three months of the current fiscal year, Myanmar earned over 250 million US dollars from the exports of around 900,000 tons of rice and broken rice, according to Myanmar Rice Federation. Till December 27 of 2019-20 FY, Myanmar exported 894,889.703 tons of rice and broken rice worth 256.452 million US dollars. During this period, […]

China to increase Myanmar’s rice export quota to 400,000 tonnes: MOC

China has agreed to import 400,000 tonnes of rice from Myanmar via sea, increasing its import quota for Myanmar rice from 100,000 tonnes currently, U Khin Maung Lwin, assistant secretary from the Ministry of Commerce (MOC), told The Myanmar Times. “Rice can be shipped to China soon,” he said. The development comes after the two […]

Rice export declines within eight months

Myanmar only exported over 1.5 million tons of rice and broken rice within eight months from April 1 till December 14, according to Myanmar Rice Federation (MRF). Myanmar earned about US$288 million from more than 800,000 tons of rice and broken rice export through border trade routes and over US$240 million from over 700,000 tons […]

Myanmar needs to consider ‘beyond Yangon’ to meet rice export target

Myanmar needs to consider beyond Yangon port to export over 3 million tons of rice yearly from 2018 to 2020, according to a briefing on a draft report submitted by Myanmar Rice Federation regarding the enactment of a rice law. The briefing was held at the headquarters of the Republic of the Union of Myanmar […]

Rice export drops in 8 months

Myanmar’s rice export earning dropped by 100 million U.S. dollars in the first eight months ( April-November) of fiscal year 2013-14 from 276.172 million dollars a year earlier, local media reported Wednesday. During the April-November period, Myanmar exported about 451, 728 tons of rice, down from 731,201 tons on a yearly basis, said the Yangon […]