Target to export 18.90 lakh tonnes of pulses from Myanmar in the current financial year

12-Jun-2024 10:30 AM

Yangon. India's northeastern neighbor - Myanmar has set a target of exporting 18.90 lakh tonnes of pulses in the current financial year (April-March) of 2024-25 and thus it will remain in the list of top five pulse exporting countries in the world.

According to official sources, the Ministry of Commerce of Myanmar is working in collaboration with the private organization - Myanmar Pulses, Beans, Maize and Sesame Traders Association to achieve this ambitious target. The Ministry of Commerce hopes to achieve this target.

It is worth noting that only 20 percent of the annual production of pulses and beans in Myanmar is used in the domestic division, while the remaining percentage is exported abroad.

According to the data of the Ministry of Commerce, in the first two months of the current financial year i.e. during April-May 2024, a total of more than 4.70 lakh tonnes of pulses were exported from Myanmar, which earned an income of $ 412 million.

It is noteworthy that during the entire period (April-March) of the financial year 2023-24, 17 lakh tonnes of pulses and beans were exported from Myanmar, which earned a fantastic income of $ 1.48 billion.

Urad, tuvar and moong are exported from Myanmar on a large scale, while other pulses including gram are also exported in small quantities.

India is its most prominent market where urad and tuvar are imported in large quantities. The import of moong in India has been banned since February 2022, so Myanmar exports moong to other countries including China. The entire import of urad in India is from Myanmar only.