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Exporters and importers continue to face much uncertainty due to the military regime’s foreign currency control policies and continuing conflict between the regime and ethnic armed forces. FAS Rangoon forecasts Burma’s MY 2024/25 rice exports to recover to 1.7 MMT amid high stocks and expected relaxation of export controls. MY 2024/25 corn exports and wheat imports will remain flat.

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.