Export earnings from rice hit $844 m in nine months


Until January 12 in 2017-2018 fiscal year, Myanmar earned over US$844 million from the export of 2.72 million tonnes of rice and broken rice, according to Myanmar Rice Federation.
According to the statistics, until January 5, there were 50 rice-exporting countries and 33 broken rice-exporting countries.
Over nine months, Myanmar fetched US$844.853 million from exports of 2,725,260.721 tonnes of rice and broken rice – 2,224,662.946 tonnes of rice worth US$719.774 million and 500,597.775 tonnes of broken rice worth US$125.079 million.
Land-border trade accounts for about 53 per cent of the total exports and sea trade for about 47 per cent.
During this fiscal year, Myanmar exported rice mostly to China, Bangladesh and the Ivory Coast (Côte d’Ivoire).


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