Wednesday, February 13, 2013

$63 million in beans exported in January

Wednesday, 13 February 2013 13:56 Khin Myo Thwe

Myanmar’s Ministry of Commerce has announced that US $63 million in bean exports via sea routes was recorded for the month of January 2013.

Beans galore. (Photo: Ye Min / Mizzima)

“Many types of Myanmar beans are exported to foreign countries—green gram, green mung bean, pigeon pea, chick pea, kidney beans, butter beans, labab beans and cowpea beans,” said Tun Lwin, the chairman of Myanmar Pulses, Beans & Sesame Seeds Merchants Association.

Speaking to Mizzima, Tun Lwin said that 80 percent of Myanmar beans are exported to India, with the rest going to China and ASEAN member states.

Green mung beans are mainly purchased by China, he noted.

In January, a ton of green mung beans cost 685,877 kyat ($800) but the price went up to 740,380 kyat per ton in February. Pigeon peas increased by a similar percentage.

Bean merchants in Myanmar have started targeting regions outside the Asian market, and say they have Africa and Europe within their sights.
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