Myanmar pockets $23.3 mln from over 77,000 tonnes of corn exports in seaborne trade last month

Myanmar exported more than 77,620 tonnes of corn worth US$23.3 million in mar­itime trade in January 2023, according to the statistics released by the Ministry of Commerce.


The majority of them were sent to Thailand. The corn export volume stood at 22,130 tonnes to Thailand, 19,490 to Viet Nam, over 16,980 to the Philippines, over 10,760 to Chi­na, 8,100 to Bangladesh, 120 to Brunei and small volumes to India and Nepal.


In January, Myanmar con­veyed 4,320 tonnes of corn to China and 3,645 to Thailand through cross-border posts.


The overall export vol­umes were over 85,585 tonnes with an estimated value of $25.72 million in January 2023. The volume was down by over 70,000 tonnes compared to the previous month (Dec 2022).


At present, corn is culti­vated in Shan, Kachin, Kayah and Kayin states and Man­dalay, Sagaing and Magway regions. Myanmar has three corn seasons—winter, sum­mer and monsoon. The country produces 2.3-2.6 million tonnes of corn every year. This year, corn output dropped, traders said.


Myanmar sent over 770,000 tonnes of corn to for­eign countries by sea in six months (August 2022-January 2023). — TWA/EM