Myanmar to Export Over 230,000 Tons of Corn Kernels by Sea

On May 22, 2024, it was reported that Myanmar is poised to export a substantial amount of corn kernels and rice through maritime channels. According to the sources, on May 15th, several major ports in Myanmar will be handling the loading and shipment of these agricultural commodities:

• The Sule Port (SPW) will load 71,900 tons of corn kernels and 6,000 tons of rice.
• The Myanmar Industrial Port (MIP) will load 53,500 tons of corn kernels.
• The Ahlone International Port Terminal (AIPT) will load 58,400 tons of corn kernels and 12,500 tons of rice.
• The Myanmar Terminal-TMT (formerly known as the Bayintnaung Port) will load 29,500 tons of corn kernels.
• The Minthama Port (MHM) will load 5,400 tons of corn kernels.
• The Yangon International Gateway Terminal (YIGT) will load 11,000 tons of corn kernels.
• The Myanmar Five Star Line (MFSL) port will load 2,700 tons of corn kernels.

The total volume of corn kernels scheduled for export on May 15th is estimated to be around 232,400 tons. Additionally, on May 12th, the Minthama Port (MHM) loaded and exported 5,400 tons of corn kernels, the Shwe Myo Thar Port (SMJ) loaded and exported 2,700 tons of corn kernels, and the Wilmar International Port Terminal loaded and exported 4,850 tons of corn kernels.

The Myanmar government has been actively promoting export growth as part of its efforts to foster economic development. The cooperation between the government and the private sector, facilitated by the Ministry of Commerce and the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), is playing a crucial role in these export-boosting initiatives.

This surge in corn and rice exports from Myanmar highlights the country's agricultural potential and its growing integration into regional and global trade networks. As Myanmar continues to strengthen its position as a major agricultural producer and exporter, the impact on global food supply and prices will be closely watched in the coming months.