As of 26 January 2024, the Ministry of Commerce’s statistics showed that agricultural exports generated more than $2.6 billion during the first 10 months of the financial year 2023-24.
However, the figure falls $321 million short of the earnings from the same period in the previous year.
The primary agricultural exports include rice, broken rice, pulses and beans, and corn. Additionally, fruits, vegetables, sesame, dried tea leaves, sugar, and various other farm products are also exported.
Major buyers for Myanmar agricultural produce are China, Singapore, Malaysia, the Philippines, Bangladesh, India, Indonesia, and Sri Lanka.
Myanmar exports agricultural produce, animal products, fishery products, minerals, forest products, finished industrial goods on a cut-make-pack (CMP) basis, and other commodities. The main imports comprise capital goods, raw materials, consumer goods, and materials used in CMP businesses. — TWA/NT
