Browse Data and Analysis

Post forecasts Burmese rice exports lower in June due to reduced supplies in the domestic market and higher domestic prices. The Burmese government continues making changes to its trade and foreign exchange rate policies that are impeding trade.

Burma’s aquaculture production and export in MY 2021/22 will remain flat as COVID-19 restrictions and the military coup continue to dampen the economy. Post anticipates lower U.S. soybean meal (SBM) and distiller’s dried grain with solubles (DDGS) exports to Burma in MY 2021/22 in line with slower aquaculture development and changes in foreign currency controls.

In March 2021, Burma’s rice exports are forecast to be weak and largely unrecorded due to widespread instability following the February 1, 2021 military coup.

Following the February 1, 2021 coup by the Burmese military, agricultural trade has been crippled due to country-wide peaceful protests in opposition to the military’s actions...

Since Burma initiated a series of political and economic reforms in 2011, U.S. agricultural exports have grown over 80-fold, reaching a record $174 million in 2019 and $167 million in 2020.