Tuesday, 02 January 2024 12:17 GMT

Myanmar rice, broken rice exports go over 1 million in 5 months


(MENAFN)

The Myanmar Rice Federation published data on Saturday showing that the exports of rice and broken rice of Myanmar have reached a total of USD1.19 million tons in the starting 5 months of the current fiscal year 2019-2020.

Myanmar has made more than USD343.6 million from exporting 838,672 tons of rice and 356,370 tons of broken rice in the period from the 1st of October 2019 to the 7th of February.

86.32 percent of rice and broken rice exports took place using sea route in the period.

Myanmar's rice and broken rice demand from neighbouring countries such as China made up more than 27 percent of the export.

Myanmar has made an export target of 2.5 million tons of rice in the current fiscal year that will end on the 30th of September 2020.

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