Rice, broken rice export reaches 1.2 million metric tons in seven months

Workers unload rice sacks off a ship docked in the Yangon River.  Photo: Phoe Khwar
Workers unload rice sacks off a ship docked in the Yangon River.  Photo: Phoe Khwar

The volume of rice and broken rice exports between 1 April and 26 October is estimated to have reached 1.2 million metric tons, worth over US$435.9 million, according to an announcement by the Myanmar Rice Federation (MRF).
Over the past seven months, rice worth $360 million was shipped from Myanmar to 43 countries. The export volume stood at over 1 million metric tons. Meanwhile, the country exported over 251,200 metric tons of broken rice, valued at $75.58 million, to 18 countries.
The volume of rice exports via border trading remains relatively high compared to the sea, accounting for 53.3 per cent of the total export. Rice export through border checkpoints was estimated to be worth $239 million, while trade conducted by sea generated revenues of $196.9 million.
In the last 2017-2018 fiscal year, 3.6 million tons of rice
and broken rice, worth $1.13 billion, were exported from Myanmar.
The MRF did not reach its export target of 2 million tons in the last mini-budget period of April to September. —GNLM
(Translated by Ei Myat Mon)

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