BCN-15 Myanmar targets to export 2.5 mln tons of rice this year

297

ZCZC

BCN-15

MYANMAR-RICE-EXPORT-TARGETS

Myanmar targets to export 2.5 mln tons of rice this year

YANGON, June 2, 2018 (BSS/Xinhua) – Myanmar’s Rice Federation targets to
export 2.5 million tons of rice this year, which is the country’s major
agricultural product, local Daily Eleven reported Monday.

Meanwhile, the country earned 181.12 million U.S. dollars from 528,400 tons
of rice exports via both border gates and sea route as of June 8 during the
six-month transitional period which started in April.

Myanmar has changed its fiscal year period from original April-March to
Oct-Sept beginning 2018-2019, producing a six-month transitional gap.

In last fiscal year 2017-2018, the country earned over 1.11 billion U.S.
dollars from export of 2.89 million tons of rice and 620,696 tons of broken
rice.

Apart from rice export, the country’s trying to promote other export
products including peas and pulses, fisheries products, textiles, timber and
forest products, rubber and tourism to solve the country’s trade deficit.

BSS/XINHUA/HR/1220