STAT Communications Ag Market News

Myanmar - Edible Bean Export Summary - July 2011

WASHINGTON - Sep 15/11 - SNS -- Pulse exports from Myanmar improved in July, rising above both month and year-earlier levels, with shipments to all destinations totalling 198,514 metric tons (MT).

Mung bean accounting for 45% of the total exports followed by matpe (black gram) 36% of the total export and toor whole 11%, notes the U.S. agricultural attache for the country. India and China were the largest buyers accounting for 82,805 MT or 42% and 80,452 MT or 41% of total exports, respectively. Additionally, 90% of the total mung bean exports or 80,186 MT were traded with China through border trade.

Commenting on the current economic situation, the U.S. agricultural attache said, "The kyat (ks) continues to strengthen against the dollar with a 2.6% increase in July from ks 780/dollar in June to ks 760/dollar in July or 32% year-over year. To be able to relief the burden of strengthening kyats, this month the government reduced the export tax to 3% from 10%."

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