The Myanmar Coffee Association (MCA) says the coffee produced in Myanmar is fetching good prices but they cannot export coffee as the domestic stock of coffee is too low.

The MCA says they could export 75% of raw coffee beans harvested in the 2022-23 season and they have no more coffee stock for export now.

The annual domestic production of coffee varies between 8,000 and 10,000 tonnes. The price of coffee this year is varying between US$5,500 and around 8,300 per metric tonne depending on the quality of goods.

A coffee farmer from Ywangan said that the current rising coffee price in the global market is not beneficial to them as they did not have coffee stock in their hands for export and they expected to fetch a good price in the next harvest season.

According to the statistics released by the Myanmar Trade Promotion Organization, coffee is mainly grown in Pyin Oo Lwin in Mandalay Region and Shan State and the coffee acreage across the country is over 50,000 acres.

The Russia Trade Development Minister said that they introduced Myanmar coffee to the Russian retail outlets as a permanent category of coffee.

According to trade figures released by the Ministry of Economy and Commerce, the trade value between Russia and Myanmar for the period of four months from April to the end of July this year is over US$34 million and Myanmar exported goods worth over US$16 million and imported Russian goods worth over US$18 million in this period.

The coffee harvesting season in Myanmar is from December to March next year. The coffee is traded for the whole year starting from late April every year. The special quality coffee produced in Myanmar is exported to the US and some European countries.

Moreover, varieties of Myanmar coffee are being exported to 14 countries in Asia including Japan and South Korea. In addition, the MCA says that they received new offers from new export markets interested in buying Myanmar coffee.