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Myanmar's rice export up 40 pct in 2014-15

Xinhua, April 21, 2015 Adjust font size:

Myanmar's rice export reached nearly 2 million tons in the fiscal year 2014-15 which ended in March, up 40 percent year on year, Chairman of Myanmar Farmers Association Dr. Soe Tun said here Tuesday.

Dr. Soe Tun, who is also joint secretary of the Myanmar Rice Association, told Xinhua in an interview that most of the rice export went to China, accounting for 1.1 million tons.

According to the Ministry of Commerce, Myanmar exported 1.7 million tons of rice in 2014-15, earning 645 million U.S. dollars. The countries where Myanmar rice was exported during the year are China, Japan and other countries in Asia, Europe and Africa, totaling 64.

Statistics also show that Myanmar's rice export stood at 1.2 million tons in 2013-14 and 1.47 million tons in 2012-13. It is projected Myanmar's rice export would increase to 4 million tons in 2020. Endi