Cyclone threatens 100,000 tons of onion exports from Myanmar

Published 2023년 5월 19일

Tridge summary

Cyclone Mocha, a powerful storm, hit Bangladesh and Myanmar, causing significant damage, especially to the agricultural sector, including onion production. Myanmar, which produces about 1 million tons of onions per year and had planned to export 100,000 tons for the fiscal year 2023-24, has seen its progress towards this goal disrupted by the cyclone. The country has already exported 94,000 tons, earning $41.39 million from April 2022 to February 2023. The cyclone made landfall in Myanmar as a Category 5 storm, with winds reaching 209 km/h, and has caused landslides and flooding, affecting the overall damage assessment.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cyclone Mocha, one of the strongest to hit the Bay of Bengal in recent years, hit Bangladesh and Myanmar a few days ago. Last Sunday, Myanmar was hit by this Category 5 cyclone, with winds reaching 209 km/h and causing landslides and flooding in several parts of the country. It is still too early to give an accurate assessment of the damage, but the agricultural sector has suffered a lot of damage. EastFruit writes about this with reference to Fructidor.com. See also: Onion prices - what is happening in Central Asia and Eastern Europe? In Myanmar, onion production is estimated at 1 million tons per year. A few weeks ago, the Department of Commerce announced that the country exported 94,000 tons of onions and earned $41.39 ...

Source: Eastfruit