Myanmar Plans to Double Rice Exports With Focus on Quality
A worker collects baskets of rice husks at a rice mill near Kengtung, Shan State, Myanmar.
Photographer: Taylor Weidman/Bloomberg
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Myanmar has set a goal of doubling rice exports in three years’ time by focusing on higher-quality varieties, according to the president of the nation’s rice federation.
The country plans to ship as much as 4 million tons annually by 2025 from around 2 million tons now, amid demand from China, Europe and Southeast Asian countries such as the Philippines, Ye Min Aung said in an interview. Earnings by then are expected to almost double to $1.5 billion. Rice is Myanmar’s biggest agricultural export.