Myanmar corn exports exceed target in May

Published 2024년 6월 12일

Tridge summary

Between April and June of the current fiscal year, the volume of corn kernel exports significantly surpassed the monthly targets, with May's exports reaching 478,000 tons. As of mid-June, 14 cargo ships at Yangon Port were ready to offload an additional 221,330 tons, showcasing a strong demand for corn kernels on the international market. To further boost exports, Thailand has granted exemptions on tariffs for corn kernels from Myanmar until the end of August, aiming to facilitate smoother and more efficient cross-border trade. This favorable situation indicates a promising future for corn kernel exports from Myanmar, with efforts underway to ensure that export targets are met and tariff exemptions are optimally utilized.

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

Original content

Corn kernels are exported. In the first three months of this fiscal year, April, May and June, the monthly export target is 380,000 tons. In May 2024, 478,000 tons of corn kernels were exported. In order to exceed the set target for corn kernel exports in June, relevant departments are attaching importance to the work. As of June 5, 14 cargo ships have docked at the international terminal of Yangon Port waiting to load corn. Along Terminal will load 32,058 tons, Yangon International Terminal will load 9,500 tons, Myanmar Industrial Terminal will load 36,500 tons, Sule Terminal will load 20,672 tons, and Qianboangjue Terminal will load 25,000 tons. In addition, Thilawa Terminal will load 27,500 tons, Myanmar Integrated Port Limited will load 26,000 tons, Wilmar International Port Terminal will load 11,000 tons, Thilawa Terminal (Thilawa Multi-purpose International Port Terminal will load 25,000 tons, Ruimei ...

Source: Foodmate