Laborers carry rice bags at a jetty in Yangon, Myanmar, Aug. 6, 2020. Myanmar exported over 2.25 million tons of rice and broken rice as of July 17 this fiscal year (FY) 2019-2020, according to a release from the Myanmar Rice Federation on Wednesday. (Xinhua/U Aung)
YANGON, Aug. 5 (Xinhua) -- Myanmar exported over 2.25 million tons of rice and broken rice as of July 17 this fiscal year (FY) 2019-2020, according to a release from the Myanmar Rice Federation on Wednesday.
"We are expecting to reach our target of 2.4 million tons of rice export in present fiscal year which will end in two months," U Myint Lwin, deputy chief executive officer of the federation, told Xinhua.
According to the figures released by the federation, the country exported over 1.4 million tons of rice and 839,956 tons of broken rice, earning over 678.29 million U.S. dollars.
This fiscal year's rice and broken rice export surpassed the last fiscal year's figures by 355,874 tons when Myanmar exported over 1.8 million tons of rice and broken rice in the corresponding period of last fiscal year.
In the first 10 months of this fiscal year, 85.12 percent of total rice export is done through sea route while 14.88 percent through border gates.
During the period, 30.20 percent of Myanmar's rice and broken rice are exported to African countries, followed by China with 27 percent and EU member states with 20.45 percent, respectively, the federation's figures said.