Posts in category: TRADING

The Myanmar Cotton and Cotton Products Merchants and Manufacturers Association is working with India and Uzbekistan to access premium cotton varieties resilient to weather changes, high temperatures, and diseases, aiming to ensure high yields at fair prices. The association emphasized that growers should cultivate premium pedigree cotton to close the price gap with non-premium varieties and boost commercial benefits.Quality control in ginning is also key, with calls for cleanliness, systematic operations, and proper categorization to maintain quality and reduce waste. India’s OOO Farms, via IFBIC, has expressed interest in collaboration, while Uzbekistan has offered pest-free, high-yield cotton seeds, according to MyanTrade.

Source: The Global New Light of Myanmar

Myanmar is steadily expanding seafood exports to 40 countries, including China, Thailand, Bangladesh and Japan, via maritime and border trade channels. In the first four months of the 2025-2026 financial year, starting 1 April, the country shipped over 81,000 tonnes of fish worth US$96 million, according to the Department of Fisheries. Maritime exports reached 45,900 tonnes valued at $67 million, while border trade accounted for 35,000 tonnes worth $29 million. In the 2024-2025 fiscal year, seafood exports totalled $421 million from around 400,000 tonnes. Key products include hilsa, rohu, catfish, seabass, eel, shrimp and crab. With over 140 cold storage facilities nationwide, the fisheries sector continues to strengthen its global presence through quality production and efficient trade logistics.

Source: The Global New Light of Myanmar

The Myanmar Trade Promotion Organization (MyanTrade) met with Mr Konstantin Kanarev, Trade Representative of Russia to Myanmar, on 11 August 2025 to discuss establishing a trading house to strengthen bilateral trade. Talks covered export potential for Myanmar’s agricultural produce, possible imports from Russia, market conditions, trade procedures, and measures to accelerate cooperation. Earlier, MyanTrade held virtual and hybrid meetings on 28 July to promote exports of mango pulp, dried mango, and high-grade coffee to Russia. With Russia importing most mango pulp from India, Myanmar aims to capture part of the 10,000-tonne demand. Officials also discussed boosting coffee exports, focusing on cultivation, production, and varieties suited to the Russian market.

Source: The Global New Light of Myanmar

Myanmar is expected to export over 40,000 tonnes of pineapples in the 2025–2026 financial year, according to the Myanmar Pineapple Growers and Exporters Association. Once grown mainly for domestic consumption, pineapples—particularly premium varieties like Thibaw—are now being cultivated for export, with China as the key market. The country has over 20,000 acres of pineapple plantations, mostly in Shan and Kachin states. Northern Shan alone yields 80,000–100,000 tonnes annually. Farmers are adopting GAP and organic practices using techniques from China, Thailand, and Sri Lanka to meet international quality standards.

Source: The Global New Light of Myanmar

The Myanmar Pulses, Beans, Maize and Sesame Seeds Merchants Association reports that during the first quarter Q1 (April–June) of the current fiscal year 2025–2026, Myanmar exported over 6,000 tonnes of various types of sesame, generating US$8.1 million.

This fiscal year, the association aims to reach its 90,000-ton sesame export goal. The main destination for Myanmar’s sesame exports is China, however it is also shipped to Thailand, the Republic of Korea, Japan, and Singapore.

Source: The Global New Light of Myanmar

The Department of Fisheries aims to export over 530,000 tonnes of fishery products and generate US$750 million in the 2025-2026 financial year. In the first quarter (April–June), Myanmar exported 82,773 tonnes of fishery products, earning $119.6 million.Last year, the country exported over 550,000 tonnes worth $722 million.Fishery exports are sent to 40 countries, including China, Thailand, Bangladesh,and Japan, via sea and border trade.More than 20 fish species, including hilsa, rohu, catfish, and seabass, are exported.The Fisheries Department and Myanmar Fisheries Federation are working to boost export volume.There are over 140 fishery cold storage facilities, and the department is granting annual licence renewals.

Source: The Global New Light of Myanmar

Myanmar exported over 55,900 metric tonnes of fish valued at US$64.2 million in the first quarter of the 2025-2026 financial year, starting 1 April, according to the Department of Fisheries. Of this, 31,700 tonnes worth $44 million were shipped by sea, while 24,200 tonnes valued at $19.89 million were exported via border trade.

Exports fell by more than 5,450 tonnes, resulting in a $5.197 million decrease from the same period last year (61,300 tonnes, $69.4 million). Myanmar gained more than $421 million in the fiscal year 2024-2025 by exporting over 400,000 tonnes of fish. More than 20 fish species are exported to over 40 countries, including China, Thailand, Bangladesh, and Japan. The Department of Fisheries licenses more than 140 cold-storage fish processing factories annually.

Source: The Global New Light of Myanmar

The Trade Department under the Ministry of Commerce has granted e-commerce registration to 21,088 online business operators between 2 October 2023 and June 2025, following ground inspections.

As per Notification 11/2024, online sellers are required to register through www.ecomreg.gov.mm. Failure to do so may lead to legal action under the Essential Supplies and Services Law.

Mandatory registration was first announced in Notification 50/2023, effective from 2 October 2023. Businesses that registered by 31 December 2023 were exempt from fees for six months. From 1 January 2024, the registration is valid for two years, with fees set at K70,000 for companies and K30,000 for individuals. SMEs with certificates benefit from a reduced rate of K50,000.

Source: The Global New Light of Myanmar

Myanmar faces a potential 40% U.S. tariff under President Donald Trump’s latest trade plan, part of a broader strategy targeting 14 countries. The announcement follows the expiration of a 90-day pause on aggressive import taxes. While higher tariffs were set for 9 July, Trump extended the timeline to 1 August, calling it “firm, but not 100% firm.” The move threatens Myanmar’s already fragile export sector as the country grapples with economic and political challenges. Though Trump indicated flexibility depending on diplomatic ties, analysts see the tariffs as a negotiating tool, not a finalized decision — leaving Myanmar watching closely.

Source: BBC

Fuel oil prices in Myanmar slightly declined this week ending 10 July. Octane 92 is priced at K3,015 per litre, down from K3,140 the previous week, while Octane 95 fell to K3,075 from K3,210. Diesel dropped to K2,635 and premium diesel to K3,265, showing a K95–K135 decrease.

Prices are based on the Mean of Platts Singapore (MOPS) index, with 90% of fuel imported. The Petroleum Products Regulatory Department sets daily reference prices and monitors retailers. Overcharging fuel stations will face consequences under the 2017 Petroleum Law. While some countries impose higher taxes, Malaysia’s subsidized fuel remains about 60% cheaper. Authorities aim to maintain fair prices amid global market changes.

Source: The Global New Light of Myanmar