Agricultural exports earn over US$2.6 bln in 10 months

As of 26 January 2024, the Ministry of Commerce’s sta­tistics showed that agricultural exports generated more than $2.6 billion during the first 10 months of the financial year 2023-24.


However, the figure falls $321 million short of the earn­ings from the same period in the previous year.


The primary agricultur­al exports include rice, bro­ken rice, pulses and beans, and corn. Additionally, fruits, vegetables, sesame, dried tea leaves, sugar, and various other farm products are also exported.


Major buyers for My­anmar agricultural produce are China, Singapore, Malay­sia, the Philippines, Bangla­desh, India, Indonesia, and Sri Lanka.


Myanmar exports ag­ricultural produce, animal products, fishery products, minerals, forest products, finished industrial goods on a cut-make-pack (CMP) basis, and other commodities. The main imports comprise capital goods, raw materials, consum­er goods, and materials used in CMP businesses. — TWA/NT