International corn dynamics: Myanmar is vigorously exporting and Argentina will reduce cultivation

Published 2024년 10월 25일

Tridge summary

Myanmar exported over 1 million metric tons of corn in the first quarter of the fiscal year, generating revenue of over 265 million US dollars, with Thailand being the primary importer. The country's corn traders are working to deliver corn by August, with China and Thailand being the main importers. Demand for corn in India has also increased. Argentina, a major corn exporter, is projected to reduce its corn sowing area by a significant amount due to economic and climatic factors, including the impact of corn leafhoppers and the anti-El Nino phenomenon.

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Original content

The Global New Light of Myanmar reported that according to statistics from the Myanmar Ministry of Commerce, Myanmar exported more than 1 million metric tons of corn in the first quarter of this fiscal year (April 2024 to March 2025), worth more than 265 million US dollars. As the main importer of Myanmar corn, Thailand has zero tariffs on imported corn from Myanmar from February 1 to August 31. The Myanmar Corn Industry Association said that Myanmar’s corn traders are working hard to deliver corn by August. Corn via China and Thailand are the main importers of Myanmar corn in terms of sea transportation and border export to the international market, and India's demand for Myanmar corn has also increased relatively sharply. Strong demand has pushed up planting in Shan State, Kachin State, Kayah State, Karen State, as well as Mandalay, Sagaing and Mawei Provinces. Myanmar has three corn production seasons: winter, summer and rainy season. Myanmar’s Annual corn production is ...

Source: Agriharvest