Presentation on Myanmar The Golden Land - Mr. Shyam Narsaria - presented at The Pulses Conclave 2014 organized by India Pulses & Grains Association (IPGA)

1. 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

2. 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.

3. 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

4. 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)

5. 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

6. 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.

7. 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

8. Monthly Price Trend for BM(FAQ) for 2013
584 595
639
531
584
0
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

9. 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.

10. 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

11. Monthly price trend of Toor Whole for 2013
623
730 709
571 558 571
0
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

12. 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.

13. 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

14. 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

15. 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

16. 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

17. Factors Affecting the Myanmar Market

18. Impact of Rupee fluctuation
(Monthly Average Rates)
584
531
584623
571
571
839
877 919
0
100
200
300
400
500
600
700
800
900
1000
BM
TW
GMB
USD v/s INR

19. 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.

20. 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

21. 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)

22. 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

23. 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

24. The Way Forward
• Value added /Processed pulses will be exported
more
• Myanmar will reach the potential market very soon
with better and improved quality.

25. 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 .

26. Thank you !
Shyam Narsaria
Arvee International Pte Ltd.