Browse Data and Analysis

Post forecast Burmese rice exports lower in May due to slow business activities along with changing trade and exchange rate policies and high domestic prices. Domestic prices for Emata increased in May due to high transportation costs and a smaller domestic supply as exporters fulfilled advanced sale contracts. Domestic prices for Shwe Bo Pawsan remained unchanged.

The Burmese government requires importers to have an import license before product leaves the exporting country.

Post forecast Burmese rice exports flat in April due to slow business activities during the long Burmese New Year Holiday, trade inhibiting foreign currency regulations, and high domestic prices.

FAS Rangoon (Post) forecasts Burma’s rice and corn exports larger in MY 2022/23 due to strong demand from African, EU, and ASEAN countries. Post forecasts Burma’s wheat imports down in MY 2022/23 due to low domestic demand, restrictions on buying of foreign currency, and changing import policies.

Rice import for MY 2022/23 is forecast to increase by 12 percent as political campaigns and electoral activities leading up to the general election in 2023 gear up. A 4 percent marginal increase in wheat imports is envisioned as the Russia/Ukraine crisis prolongs. High flour mill operating costs will negatively impact the price of flour.

This report highlights all major certificates and permits required by the Government of Nigeria (GON) for exporting food and agricultural products from the United States to Nigeria. It also complements The FAIRS – Annual Country Report for Nigeria (2022).

As global food and agricultural trade continues to integrate, Nigeria has formulated structures, strategies, laws, and food control systems including regulatory authorities to enhance public health, food safety and international trade.

Post forecasts smaller Burmese rice exports in March due to a smaller supply; however, Burmese rice exports will remain strong due to high world prices and anticipated strong demand from African and EU countries, China, and the Philippines.

The Burmese Government published new labeling requirements for prepackage food on January 20, 2022. An unofficial translation of the original order is attached to this report.

Post forecasts that Burmese rice exports will continue to rise in February in anticipation of regular demand from China through official channels, increased broken rice demand from EU countries, continued demand from regional countries, and a rebound in demand form African countries.

The food service sector has been growing rapidly in Nigeria despite overwhelming challenges - including the COVID-19 pandemic. Local and international franchises operate in major cities across the country. The country’s huge consumer base with a growing youthful and urban population represents unrivalled optimism and business opportunity.

Post forecasts higher Burmese rice exports in January in anticipation of regular demand from China through official channels, increased broken rice demand from EU countries, and continued demand from the Philippines.