December 06
Myanmar pocketed over US$826 million from the export of more than a million tonnes of various pulses in the past eight months of the current financial year 2022-2023, the Ministry of Commerce’s statistics indicated.
Between 1 April and 25 November, the country shipped 897,499 tonnes of pulses worth $721.856 million to external markets by sea while 153,311 tonnes of various pulses worth $104.475 million were sent to the neighbouring countries via cross-border posts.
Myanmar’s agriculture sector is the backbone of the country’s economy and it contributes to over 30 per cent of the Gross Domestic Product. The country primarily cultivates paddy, corn, cotton, sugarcane, various pulses and beans. Its second-largest production is pulses and beans, accounting for 33 per cent of agri-products and covering 20 per cent of growing acres. Among them, black beans, pigeon peas and green grams constitute 72 per cent of bean acreage. Other beans including peanuts, chickpeas, soybean, black-eyed beans, butter bean and rice beans are also grown in the country.
Myanmar conveyed US$1.57 million worth of over 2.02 million tonnes of various beans and pulses to foreign trade partners in the 2020-2021 FY. The country shipped $966.4 million valued at over 1.24 million tonnes of pulses and beans to foreign markets through sea route, and $604.3 million valued at over 786,920 tonnes were sent to the neighbouring countries through land borders, the MoC’s trade data showed. — TWA/EMM
