Myanmar mango exports "aborted", exporters suffered heavy losses

Published May 27, 2024

Tridge summary

The article highlights the legal export of Saint Delong mangoes from Myanmar to China through the Mongla-Daluo port in early May. Despite the high market price in China, the substantial export trade costs have led to losses for exporters. Consequently, most Saint Delong mangoes are sold in the domestic market at significantly lower prices due to the high export costs. This situation arose after the cessation of mango exports to China through the Muse border due to ongoing war conditions.

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

Original content

In early May, the Saint Delong mangoes were legally exported through the Mongla-Daluo port. The market price of mangoes on the Chinese side was RMB 100-120 for a basket of 16 kg Saint Delong and RMB 60-70 for a basket of 16 kg Eagle-billed mangoes. However, the export trade costs, just the fare for one vehicle, was about 16 million Myanmar Kyats, so mango exporters suffered losses. The price of 100-120 RMB for a basket of 16 kg Saint Delong mangoes exported to China is converted into more than 60,000 Myanmar Kyats per basket, but because of the high transportation costs, most of them are not exported, and are mainly sold in the domestic market of Myanmar. However, when sold to the domestic market, the price in the domestic market is 40,000-45,000 Myanmar ...

Source: Foodmate