mk2-6-scaled

Myanmar yearly ships over 600 tonnes of soft-shell crab to external market

Myanmar has been exporting seafood from Rakhine State to the international markets beyond domestic consumption and an annual export of the marketable soft-shell crab is estimated at over 600 tonnes. The soft-shell crabs from Rakhine State are delivered to the US, Australia, Japan, Hong Kong and the countries in Europe. The crab processing companies produce 15 tonnes per month and approximately 200 tonnes per year in Rakhine State. The crabs are sent to cold storage facilities in Hlaingthaya Industrial Park for good packaging. They are conveyed to Europe and other foreign trade partners. The prices of soft-shell crab are worth around 7 US$dollars per kg. Rakhine State seafood exporters ships a full container load of sliced fish, processed squid and ready-made shrimp cake to Australia, France and Hong Kong SAR every two months.

The exports of soft-shell crabs by the companies in Thandwe city earned US$2.5 million in the 2018- 2019 financial year, $3.8 million in the 2019-2020 FY and $4.66 million in the 2020-2021FY. The soft-shell crab cultivation businesses are found in Ponnagyun and Taungup townships, employing over 1,200 residents. If there is an adequate electric supply in those townships, food processing companies can boost the quality of the products, increase job opportunities and generate revenue. Consequently, it will reduce the production cost as well. The hard-shell crabs are primarily supplied by Pyapon, Bogale, Myaungmya and Labutta townships in Ayeyawady Region and Kyauktan, Kayan and Thongwa in Yangon Region and townships in Rakhine State. They are mostly sent to Chinese and Thai markets. “Rakhine is the main producer of fishery products.

If there is better infrastructure, it will bring about the development in the socio-economy of the state. There is a shortage of power supply in Rakhine State so it has a barrier to make value- added products. We can add core product offerings through value-adds. Over 600 tonnes of soft-shell crabs are placed in European markets. RakhineState Department of Fisheries also focus on the aquaculture to help protect the endangered species population,” said U Thet Oo, head of the department. The department has been implementing the hatcheries for fish, shrimp and soft-shell crab. The companies purchase 80 g sized crabs from Sittway, Ponnagyun, Minbya, Taungup, Yanbye, An and Manaung townships and after 45 days of cultivation, the soft shell crabs are ready to place on market. They are processed in Thandwe cold stroage and cold storage plants in Hlaingthaya Industrial Park in Yangon and they are transported to external market through cold chain. A company usually breeds about 400,000-500,000 crabs in the pond. The Department of Fisheries set three-month offseason for catching crabs between February and April in ordedr to protect the local species.

Source: The Global New Light of Myanmar

Republic of the Union of Myanmar

Central Bank of Myanmar
Notification No 48/2021
11th Waxing of Nadaw 1383 ME
14 December 2021

  1. The Central Bank of Myanmar has issued this proclamation exercising its authority under Sections 17 and 22 of the Foreign Exchange Management Law.
  2. To increase Sino-Myanmar trade and facilitate the flow of goods, Yuan/Kyat direct payments were allowed on the Sino-Myanmar border to facilitate the two countries’ payment and clearing systems and to increase domestic currency in line with the objectives of ASEAN Financial Integration.
  3. Designated banks have been allowed to open yuan accounts of importers and exporters for cross-border trade.
  4. Therefore, the designated banks are required to adhere to the Guidelines for the Direct Use of Yuan/Kyat in Sino-Myanmar border trade.
  5. This notice shall take effect from the date of issue.

Than Nyein
Governor
Central Bank of Myanmar

photo-by-zaw-min-muse-shina-boarder-gate

China will only allow the import of foodstuffs from GACC-listed companies from January 1, so Myanmar exporters will be needed to register

From January 1, only foodstuffs registered with the General Administration of Customs (GACC) of China will be allowed to be imported legally. According to Article 249, from January 1, 2022, China will only allow the import of food items from companies registered with the GACC, Decree No.248 issued by the General Administration of Customs of China (GACC). Food to China Exporters from Myanmar who are exporting / want to export agricultural and livestock products can register their business in China (GACC) through trade associations; Competent Authority is responsible for direct and indirect applications from companies and product groups.

The Food and Drug Administration (FDA) of the People’s Republic of China (PRC) has urged the remaining exporters to register with the Food Exporters’ Registration and Certification Commission for timely registration, as registration of these businesses must be registered with the General Administration of Customs (GACC) by December 31, 2021. Myanmar to export food to China Exporters are required to provide registration information in China, Myanmar Embassy in the Bureau of Import and Export Food Safety (GACC) of the General Administration of Customs; A letter was sent to Beijing regarding the matter.

The accuracy of the application for registration in China; Compliance with the law; The relevant authority or producers of food will be responsible for the quality of the food. Businesses registered to submit to China need to be strictly supervised by the relevant authorities to comply with the relevant regulations. If the registered entities are found to be non-compliant, the relevant authorities should take effective action in accordance with the provisions of Article 22 of the Registration Regulations. In the fiscal year 2020-2021, Myanmar was the largest exporter of 10 countries with $ 4,905.80 million, followed by Thailand with $ 3,172.26 million, according to the Ministry of Commerce.

Source: Daily Eleven