Monday, 09 December 2019

Mizzima News

Home > Business > Burma predicts record rice exports in 2013

Burma predicts record rice exports in 2013


Minister Win Myint from Burma’s Ministry of Commerce has announced that a total of 1.2 million tons of Burmese rice and rice products will be exported in the 2012-13 fiscal year, the country’s highest levels in 46 years.

(Photo: DFID)“By December, 1.01 million tons of rice and rice products had been exported,” he said. “If that rate continues for the next three months, we will reach 1.2 million tons—the highest amount of exports in 46 years.”

Remarking that while most rice exports go to India and China, Mandalay-based rice merchant Myo That said, “Exporting to China is increasing due to its more convenient transportation routes.”

Burmese rice is also exported to Indonesia, Bangladesh, Singapore, the Philippines, Russia and several African countries.  

According to official data, 1.176 million tons of rice was exported in 1964-65, but that amount was down to just 0.196 million tons in 1973-74.

From 1974 to 1988—during the height of Gen. Ne Win’s disastrous isolationist policy known as the “Burmese Way to Socialism”—rice exports varied between as low as 0.166 tons and a maximum of 0.787 tons.


Related articles:

http://www.mizzima.com/business/7729-burma-looking-to-become-worlds-no-1-rice-exporter.html

http://www.mizzima.com/business/8623-burma-looks-to-export-rice-to-japan.html

http://www.mizzima.com/business/8587-india-allows-overland-imports-of-burmese-rice.html
Last Updated ( Monday, 07 January 2013 13:26 )  
The Kachin’s last stand
Since October this year, Burma has been in a state of civil war, with fighting between Burmese military and armed ethnic rebels. The ruling junta started a crackdown on these armed groups.

Download Mobile App

mizzima-mobile-download-small