Myanmar sets 2.5 mln tons of rice export target this fiscal year

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YANGON, Feb. 3 (Xinhua) -- Myanmar has set a target to export 2.5 million tons of rice in present fiscal year 2019-2020 which started in October, official media reported on Monday.

So far, the country exported 986,345 tons of rice and broken rice, earning over 282.9 million U.S. dollars as of Jan. 10, said figures recently released by the Myanmar Rice Federation (MRF).

From Oct. 1, 2018 to Jan. 10, 2020, Myanmar earned 245 million U.S. dollars from the export of over 842,342 tons of rice via sea routes while 144,002 tons of rice were exported through border gates with 37.8 million U.S. dollars of income.

During the period, 29 percent of Myanmar's rice and broken rice came from neighbouring countries including China, followed by EU member states, African countries and others, the MRF's figures said.

From 2018 to 2019, Myanmar exported over 2.35 million tons of rice and broken rice with over 709.6 million U.S. dollars' export revenue. Enditem

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