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Burma’s corn production is estimated at 2.57 million metric tons in both MY 2020/21 and MY 2021/22 due to high price incentives.
The military coup continues to negatively impact Burma’s economy. Arriving shipments, however, are being cleared, and trade is continuing in some fashion or another.
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.
The February 1, 2021, military coup continues to negatively impact Burma’s economy.
In May 2021, Burma’s rice exports are forecast to decline with the expectation of the continued closure of Burma-China border checkpoints to prevent the spread of COVID-19.
Burma’s beans and pulses production in MY 2021/22 is forecast to decrease due to reduced use of fertilizers and pesticides and a return to rice production in low-land areas with the expectation of favorable weather.
In April 2021, Burma’s rice exports are forecast to decline overall due to the long Burmese New Year Holidays and border gate closures between China and Burma to prevent the spread of COVID-19.
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.
The Burmese military’s February 1, 2021 coup will negatively impact agricultural trade at least in the short-term due to the country-wide Civil Disobedience Movement, which involves widespread labor strikes in opposition to the military’s action.