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Myanmar exports 723,000 MT of pulses in over five months

25 Sep 2022 1:55 pm
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Mumbai, 25 Sep (Commoditiescontrol): Myanmar exported more than 723,040 MT of beans and pulses worth over $564 million in over five months of the 2022-23 fiscal year, showed the Ministry of Commerce's figures. Nearly, three times exports, in volume terms and more than double, in value terms, achieved in the corresponding period last year.

From April 1st to September 9 this year, Myanmar has shipped over 580,690 MT of beans and pulses via sea routes and transported over 142,350 MT of beans and pulses through land borders, the ministry said.

Myanmar's current fiscal year started on April 1 after the Southeast Asian country changed its fiscal year cycle from the original October-September to April-March starting this year.

Due to the Covid-19 pandemic, Myanmar has shipped most of its exported beans and pulses via sea routes. Myanmar exported over 249,245 MT of beans and pulses worth more than $217 mln in the 2020-2021 fiscal year, the ministry's data showed.

Beans and pulses are Myanmar's second most cultivated crops after rice, and account for 33% of the country's total agricultural production. Myanmar exports beans and pulses to countries including China, India and European countries. Given its proximity to India and China, the country always find buyers at its doorstep.

(By Commoditiescontrol Bureau: +91-22-40015505)


       
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