Myanmar’s pulses exports surge, garnering US$650 mln in 5.5 months

Myanmar shipped more than 790,000 tonnes of pulses, with an estimated value of over $650 million, to foreign countries over the past five and half months of the current 2023-2024 financial year beginning 1 April, accord­ing to the Ministry of Commerce.


The pulses exports by seaborne trade amounted to $542.625 million (over 667,441.386 tonnes), whereas over 123,446 tonnes of pulses worth $106.089 million were sent to the neigh­bouring countries through land borders between 1 April and 15 September 2023, totalling $648.714 million from exports of over 790,888 tonnes.


Myanmar’s pulses exports earned over US$1.47 billion from over 1.9 million tonnes in the previous FY 2022-2023, the Min­istry of Commerce’s statistics indicated.


India has growing demand and consumption requirements for black gram and pigeon peas. According to a Memorandum of Understanding between My­anmar and India signed on 18 June 2021, India will import 250,000 tonnes of black gram and 100,000 tonnes of pigeon peas (tur) from Myanmar for five con­secutive years from 2021-2022 financial year to 2025-2026 FY. This G-to-G pact will not affect the pulses' annual quota set by India. Myanmar’s exporters are also entitled to deliver the puls­es to India under that annual quota.


The current market prices are K2.584 million per tonne of black gram (urad) and K4.05 million per tonne of pigeon pea (tur). — NN/EM