Burma: Burma - Military Coup Continues to Hamper Agricultural Trade
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. However, the February 1, 2021 coup d'état and country-wide largely peaceful protests in opposition to the military’s actions, and the military’s increasingly lethal response, have continued to hamper the logistics sector. While sources indicate that U.S. agricultural shipments previously stuck at the port have been cleared, the banking sector continues to be heavily impacted. This report provides a situational update from the March 5, 2021 report.