Myanmar's rice exports decline in May


YANGON (Xinhua): Myanmar's rice exports declined to 46,786 tonnes in May, compared to 94,691 tonnes recorded in the same period last year, data by Myanmar Rice Federation (MRF) showed on Tuesday (June 6).

The South-East Asian country also exported 63,920 tonnes of broken rice last month, compared to 58,815.5 tonnes exported a year earlier, the MRF data showed.

Turkiye was the top buyer of Myanmar's rice in May, with 11,376 tonnes, while Belgium was the top buyer of broken rice during the cited period, with 25,925 tonnes.

In May, Myanmar exported its rice and broken rice to Turkiye, Spain, Bulgaria, Poland, Portugal, Belgium, the Netherlands, China and other countries.

The South-East Asian country, which has a long coastline, has shipped most of its rice and broken rice via sea routes.

Myanmar earned US$853.472 million from the exports of more than 2.2 million tonnes of rice and broken rice during the 2022-23 fiscal year, showed the MRF data.

In Myanmar, rice is the most cultivated crop followed by beans and pulses.

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