Myanmar bags US$570M from pulse exports in Q1 of 2024-2025FY

According to the Ministry of Commerce, Myanmar earned over US$570 million from exporting more than 660,000 tonnes of beans and pulses within the first quarter of the 2024-25 financial year.
From 1 April to 28 June of the 2024-25 FY, a total of 637,998.885 tonnes of beans were shipped, generatng $550.523 million from sea routes, and 23,730.313 tonnes were exported through land borders, earning $19.974 million.
From 1 April to 31 March of the 2023-24 FY, 1,602,388 tonnes were exported by sea, bringing in $1,342.628 million, while 157,410 tonnes were exported via border posts, earning $141.380 million.
Myanmar primarily exports black grams, green grams, and pigeon peas. Black grams and pigeon peas are mainly exported to India, while green grams are delivered to China and some European countries. On 18 June 2021, the governments of India and Myanmar signed an MoU for collaboration in black gram and pigeon pea trade under government-to-government schemes.
As per the MoU, India will import 250,000 tonnes of black grams and 100,000 tonnes of pigeon peas from the private sector annually for five financial years from 2021-22 to 2025-26 FY.
India primarily purchases black grams from Myanmar. Pigeon peas, green grams and garden peas are grown not only in Myanmar but also in African countries and Australia. Myanmar produces approximately 400,000 tonnes of black grams and 50,000 tonnes of pigeon peas annually. — NN/TMT