{"id":19671,"date":"2023-12-27T14:10:18","date_gmt":"2023-12-27T14:10:18","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=19671"},"modified":"2023-12-27T14:11:59","modified_gmt":"2023-12-27T14:11:59","slug":"beans-and-pulses-exports-bring-myanmar-931-96-million-in-2023","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/27\/beans-and-pulses-exports-bring-myanmar-931-96-million-in-2023\/","title":{"rendered":"Beans and pulses exports bring Myanmar $931.96 million in 2023"},"content":{"rendered":"\n

Myanmar\u00a0<\/u><\/a>(formerly Burma) earned $931.96 million in revenue from the sale of beans and pulses in the 8 months ending December 2023. In an announcement on December 26, the Ministry of Commerce partially attributed the income to the current 2023-24 market year.<\/p>\n\n\n\n

These preliminary statistics hint at Myanmar scoring full-year results matching the earnings of the 2022-23 fiscal year worth\u00a0$1.47 billion<\/a><\/u>.\u00a0<\/p>\n\n\n\n

In 2022, the country exported 1.919 million tonnes of beans and pulses. The two crops constitute 30% of the nation\u2019s agricultural output and only rice has a greater cultivation area.<\/p>\n\n\n\n

The bulk of beans and pulses from Myanmar land in India, China and the European Union (EU). With India, especially, Myanmar enjoys government-to-government trade for beans, black beans, pigeon peas and green grams. Regional neighbors Nepal and Bangladesh also buy beans while the rest go to Taiwan, Japan, south-east Asia and the EU.<\/p>\n\n\n\n

Dried legumes (beans, pulses and oilseeds) are the second biggest export for the Burmese government apart from petroleum gas. In 2021, the country exported $3.19 billion of petroleum gas followed by dried legumes worth $1.27 billion<\/u><\/a>.<\/p>\n\n\n\n

Beans and legumes emerged a major commercial commodity in as late as the 2020-21 financial year. During this period, the country raked in $1.5 billion<\/u><\/a> by selling 2 million metric tonnes of the dried legumes.<\/p>\n\n\n\n

Since 2021, Myanmar has retained the top position in South-east Asia for bean and pulses exports. It was also the 74th<\/sup> biggest global exporter of all goods, including non-agricultural, in the 2021-22 financial year.<\/p>\n\n\n\n

The key export pulses include moong dal (yellow lentils), whose price was $1000 per tonne, Free-on-Board (FOB) in 2022. Urid Dal (black gram) and Urad Gota (lentils), on the other hand, cost $1125 per tonne\/FOB during the same period. Moong beans (green grams) and beans<\/u><\/a> cost the least, at $900 per metric tonne\/FOB.<\/p>\n\n\n\n

Ultimately for 2024,  trade in dry legumes looks quite promising for Myanmar. For a start, the country has already exported 1.1 million tonnes of beans and pulses midway through the 2023-24 financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Myanmar\u00a0(formerly Burma) earned $931.96 million in revenue from the sale of beans and pulses in the 8 months ending December 2023. In an announcement on December 26, the Ministry of Commerce partially attributed the income to the current 2023-24 market year. These preliminary statistics hint at Myanmar scoring full-year results matching the earnings of the…<\/p>\n","protected":false},"author":3,"featured_media":19672,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"\nBeans and pulses exports bring Myanmar $931.96 million in 2023 - Selina Wamucii | Food & Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/27\/beans-and-pulses-exports-bring-myanmar-931-96-million-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beans and pulses exports bring Myanmar $931.96 million in 2023 - Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Myanmar\u00a0(formerly Burma) earned $931.96 million in revenue from the sale of beans and pulses in the 8 months ending December 2023. 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