Myanmar’s bean exports earned US$680 million in foreign exchange in half a year

According to Myanmar’s Ministry of Commerce, in the past six months of the 2023-2024 fiscal year, Myanmar exported more than 820,000 tons of beans, with revenue reaching more than 680 million US dollars. ​ During the 2023-2024 fiscal year from April 1 to September 22, Myanmar exported more than 700,000 tons of pulses by sea and more than 120,000 tons through border trade ports. In comparison, in the previous fiscal year Pulses exports during the same period were over 780,000 tonnes, with revenues of over $614 million. As a result, both pulse export volumes and revenues increased during the current fiscal year, with revenues rising by over $66 million. ​ Currently, India's consumption of black beans and pigeon peas is increasing, so its acquisition efforts are also increasing. According to the memorandum signed by Myanmar and India on June 18, 2021, from the fiscal year 2021-2022 to the fiscal year 2025-2026 In 2020, India will import 250,000 tons of Myanmar rye beans and ...