According to numbers released by the Ministry of Commerce this month, Myanmar exported more than 710 000 tons of beans and pulses worth 556 million dollars from October 2021 to February 2022 globally.
According to the ministry’s data, Myanmar exported over 2 million tons of pulses and beans worth 1,5 billion dollars in the 2020-2021 previous financial year.
Beans, Pulses and Oil Seeds export of Myanmar is the second-largest globally and the upmost among the Southeast Asian countries,” as per Myanmar Pulses, Beans and Sesame Seeds Merchants Association. India is the main buyer of Myanmar beans, especially black beans, green grams and pigeon peas. Besides India, Myanmar’s beans are purchased by Bangladesh, Pakistan, Nepal, UAE, Malaysia, Indonesia, China (Taipei), Japan, and European countries.
China is one of the largest buyers of Myanmar’s beans and pulses. Other countries, including India, Bangladesh, Indonesia, and Japan, import beans and pulses from Myanmar.
Beans and pulses are Myanmar’s second most cultivated crops, covering 33 percent of the country’s total agricultural production.
The bilateral Memorandum of Understanding (MoU) between Myanmar and India ensured a strong market next five years, along with other relaxations on import quota, Myanmar Trade Promotion Organization under the Ministry of Commerce stated. Myanmar can export 250,000 tonnes of black gram (urad) and 100,000 tonnes of pigeon peas under the G-to-G (government to government) pact during the April-March period between the 2021-2022 financial year and the 2025-2026 FY.
Prevailing prices of Pulses from Myanmar on FOB/mt basis:
Moong Dal- $1000
Moong Beans – $900
Urid Dal & Urid Gota – $1125
Urid Chilka – $1085
Urid Whole – $985
Source: Global New Light of Myanmar
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