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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.
Burma’s rice exports in June are forecast lower due to the continued closure of several check points along the Burma-China border and lower demand from EU countries.
Prior to the February 1, 2021 military coup, Burma was in the process of updating many of its laws and regulations.
This report lists the major certificates required by the Burmese government agencies for U.S agricultural products exported to Burma.
Wheat consumption is forecast to decrease in 2021 due to economic contraction and cash shortages post-coup and the continued negative impact from COVID-19.