Browse Data and Analysis

Post forecasts Burma’s rice export lower in October due to the continued closure of all border checkpoints along the Burma-China border, poor demand from African and EU countries, and high shipping costs.

The military coup continues to negatively impact Burma’s economy, and the value of the Myanmar Kyat hit record lows in September. Arriving shipments, however, are being cleared and are not facing many clearance challenges.

Estimated milled rice production in Myanmar for MY 2015/16 has been reduced by 400,000 metric tons from the MY2014/15’s level due to flooding in late July and early August.