Land Area : 676,577 Sq.Km. Capital : Nay Pyi Taw Population : - - PowerPoint PPT Presentation

Myanmar The Golden Land

Land Area : 676,577 Sq.Km. Capital : Nay Pyi Taw Population : 58.38 Million Language : Myanmar, English widely used Currency : Kyats Principal Exports : Rice, Pulses & Beans, Marine Products, Minerals, Gems and Natural Gas.

Major Trading Partners : India, Singapore, Thailand, China, Hong Kong, Malaysia, Japan, Indonesia

Emerging Economy

• Myanmar is the hottest emerging economy for
• resources. It's been a previously ultra-closed society

that's now starting to open up.

• Myanmar's economy is on track to grow by 6.5% in

FY 2013-14 and the govt aims to increase the GDP by 9.1 % in FY 2014-15.

• Foreign exchange reserves rose to an estimated $4.6

billion at March 2013.

GDP Myanmar

2009/10 2010/11 2011/12 2012/13 2013/14 Projected

GDP (USD Bn)

38.1 49.6 56.2 55.3 59.4

GDP Per Capita

587 742 900 868 915

Source:http://www.adb.org/countries/myanmar/economy

Myanmar Today

• A New Foreign Investment Law passed on November

2012 .

• Huge opportunities for Foreign Investment in many

sectors including farming and food processing.

• Foreign Banks have opened Representative Offices.
• Business Visa on Arrival .
• World Bank pledges USD$2 Bn towards development of

Health ,Energy and Agriculture.

• The Govt. issued operating licenes to two Telecom

giants (Ooredoo and Telenor)

Pulses Trade from Myanmar

• The main exports of Beans and Pulses from Myanmar includes :
• Black Matpe
• Toor Whole
• Green Mung Beans
• Chick Peas
• Gram Whole
• Black Eye Beans
• Red Kidney Beans
• Butter Beans
• Lab Lab Beans
• Bamboo Beans

Black Matpe

• For Black Matpe two main qualities are exported :

– FAQ - Fair Average Quality – SQ - Special quality

• The Crop harvest time is February and March.
• The average crop size is about 6 lac MT.
• The Major Markets for Black Matpe are :

– India, Pakistan, U.A.E, Malaysia, Japan and Srilanka.

Last 5 Years Export of Black Matpe from Myanmar

621,273 491,632 594,813 616,125 628,123

• 100,000

200,000 300,000 400,000 500,000 600,000 700,000 2009 2010 2011 2012 2013

Qty MT

Qty MT

Monthly Price Trend for BM(FAQ) for 2013

584 595 639 531 584 100 200 300 400 500 600 700 January February March April May June July August September October November December

FOB Yangon Price in USD

FOB Yangon Price in USD

Toor Whole

• There are various qualities and varieties of Toor Whole

available in Myanmar.

• The varieties are distinguished on the basis of colour and size.
• The majorly exported varieties are :

– Lemon, Linkhey shefla, Malai Shefla, Shwebo, Red and White (Bold, Medium and small), Sagaing, etc.

• The crop harvest time is December, January, February
• The Average crop size is 2.5 ~3 lac MT.
• The Major Market for Toor Whole is India.

Last 5 years Export of Toor Whole from Myanmar

412,089 142,376 262,968 370,318 191,673

• 50,000

100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 2009 2010 2011 2012 2013

Qty Mt

Qty Mt

Monthly price trend of Toor Whole for 2013

623 730 709 571 558 571 100 200 300 400 500 600 700 800 January February March Aril May June July August September October November December

FOB Yangon Price in USD

FOB Yangon Price in USD

Green Mung Beans

• The various qualities of Green Mung Beans exported are :

– Pedi shwewar, Anya Shwewar, Pakokku, Taungoo Shwewar, etc.

• The crop harvest time for the various varieties are:

‒ Pedi Shwewar :January ~ February ‒ Anya Shwewar :May ~ October ‒ Taungoo Shwewar :October ~ November ‒ Pakokku :October ~ December

• The Average crop size is about 3.5 lac MT .
• The Major Markets are :

– India, China, Vietnam, Malaysia, Japan, Thailand, Indonesia, Pakistan, U.A.E , etc.

Last 5 Years Export of Green Mung Beans from Myanmar

286,169 215,862 213,238 275,753 192,740

• 50,000

100,000 150,000 200,000 250,000 300,000 350,000 2009 2010 2011 2012 2013

Qty MT

Qty MT

Monthly Price Trend for Green Mung Beans in 2013

839 858 905 877 929 919 780 800 820 840 860 880 900 920 940 January February March April May June July August September October November December FOB Yangon Price in USD

Last 5 years Export of other four items

Qty in MT

• 10,000

20,000 30,000 40,000 50,000 60,000 70,000 80,000 2009 2010 2011 2012 2013 Chick Peas Black Eye Beans Red Kidney Beans Butter Beans

Export from Myanmar in 2013

(country wise)

75.7% 6.0% 3.0% 2.5% 2.4% 1.6% 1.4% 1.4% 1.5% 0.8% 3.7%

Export %

India Vietnam China Indonesia Malaysia UAE Thailand Japan Philippines Pakistan Others

India

Factors Affecting the Myanmar Market

Impact of Rupee fluctuation (Monthly Average Rates)

584 531 584 623 571 571 839 877 919

100 200 300 400 500 600 700 800 900 1000

BM TW GMB

USD v/s INR

Trading Constraints

• Only advance TT payment is prevalent
• Non acceptance of Myanmar Documents by many
• International Banks.
• Non availability of Weighbridge.
• Absence of foreign banks.

Export Trend of Beans and pulses from Myanmar in Qty for last 5 Yrs

1,465,979 918,619 1,200,701 1,393,793 1,087,776

• 200,000

400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 2009 2010 2011 2012 2013

Qty MT

Qty MT

Export Value of Beans and Pulses from Myanmar in USD million for last 5 yrs.

887 891 1,009 872 704

• 200

400 600 800 1,000 1,200 2009 2010 2011 2012 2013

Value in USD(million)

Value in USD(million)

Export of value-added product of pulses 2013

Export (Tonnes) Value (USD Million) 1

Black Matpe

14,644 11.28 2

Green mung beans

25,912 26.17 3

Toor Whole

6,450 5.99

Total

47,006 43.44

Expected crop for year 2014

575,000 175,000 450,000 125,000 30,000 15,000

• 100,000

200,000 300,000 400,000 500,000 600,000 700,000 BM TW GMB CP BEB RKB

Qty MT

Qty MT

The Way Forward

• Value added /Processed pulses will be exported

more

• Myanmar will reach the potential market very soon

with better and improved quality.

2014 Export Outlook

• The average export from Myanmar is

1.2million MT for the past 5 years.

• In 2014 the export is expected to be above

average i.e., almost 1.3million MT .

Thank you ! Shyam Narsaria Arvee International Pte Ltd.