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Exports of beans and pulses reach US$400 million


DagonKhan

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Exports of beans and pulses reach US$400 million

Exports of beans and pulses reached almost US$400 million from the beginning of the fiscal year to August 15, with the amount totalling about 520,000 tonnes, the Ministry of Commerce said.

A total of 520,748 tonnes of beans and pulses were exported from April 1 to August 15 and their export value was $399.54 million, according to preliminary data from the ministry.

Continues here:- http://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=7366:exports-of-beans-and-pulses-reach-us-400-million&catid=33:business&Itemid=356

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I have a feeling this will be an unsung hero in improving Myanmar's economy - it is a commodity that is in high demand and Myanmar could become a recognised exporter. I often hear from folks who want to find out about beans & pulses in Myanmar.

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It's a big one for sure. Normally has a detrimental affect on exchange rates when the harvest comes in as well.

Oh yeah, completely forgot about that. In the old days it was rather amusing and a little odd being told the Kyat rate was up/down/sideways compared to the previous week because of a bean harvest laugh.png

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