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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.
In March 2021, Burma’s rice exports are forecast to be weak and largely unrecorded due to widespread instability following the February 1, 2021 military coup.
Following the February 1, 2021 coup by the Burmese military, agricultural trade has been crippled due to country-wide peaceful protests in opposition to the military’s actions...
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.
In January 2021, Burma’s rice exports are forecast to decrease overall due to high domestic prices and since the Chinese government has not yet issued 2021 import permits for head rice.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.