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Myanmar’s rice exports up 40 percent


Myanmar has seen a considerable rise in the country's exports of rice. Photo: Mizzima

Myanmar has seen a considerable rise in the country's exports of rice. Photo: Mizzima

Myanmar's rice exports reached nearly 2 million tons in the fiscal year 2014-15 which ended in March, up 40 percent year on year, Chairman of Myanmar Farmers Association Dr Soe Tun said, according to Xinhua on April 21.

Dr Soe Tun, who is also joint secretary of the Myanmar Rice Association, told Xinhua in an interview that most of the rice export went to China, accounting for 1.1 million tons.

According to the Ministry of Commerce, Myanmar exported 1.7 million tons of rice in 2014-15, earning US$645 million [K645 billion].

The 64 countries where Myanmar rice was exported to during the year include China, Japan, and other countries in Asia, Europe and Africa.

Statistics also show that Myanmar's rice exports stood at 1.2 million tons in 2013-14 and 1.47 million tons in 2012-13. It is projected Myanmar's rice exports would increase to 4 million tons by 2020.

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