Myanmar earns US$500M annually from maize exports
Myanmar’s maize exports are valued at around US$500 million annually, with Thailand as the top importer, accounting for 50% of exports. Other buyers include India, the Philippines, Vietnam, and China. Domestic consumption uses about 35% of production. Efforts are underway to develop maize-based products like corn starch for both domestic use and export.
Myanmar’s annual maize export is estimated at US$500 million, and Thailand is the top importing country of Myanmar’s maize, according to the Myanmar Corn Industrial Association.
Thailand accounts for 50 per cent of Myanmar’s overall maize export, and 15 per cent goes to India, the Philippines, Viet Nam and China.
Myanmar bagged over $500 million from maize exports in the 2023-2024 financial year, $400 million in the 2024-2025 FY and over $400 million so far in the current 2025-2026 FY.
Myanmar Trade Promotion Organization has been exerting efforts to explore new markets for maize exports beyond the existing trade partners. Myanmar Economic Attaches from Thailand, India, China, the UAE and the Philippines and representatives from the relevant institutions are discussing maize export promotion matters. Value-added corn starch has earned high global demand. Consequently, Myanmar has been endeavouring to manufacture corn starch. Corn starch can be used in the pharma industry, the food industry and fertilizer processing, substituting imports. It can be exported as well when there is self-sufficiency, the Myanmar Trade Promotion Organization said.
Domestic consumption of maize is approximately 35 per cent of production, and the remaining is designated for exports. There are over one million growing acres of maize across the country, yet some growing acres are producing other commercially valued crops. Therefore, the growing acres might vary. The number of maize cultivation acres increased a bit in the current 2025-2026 growing season.
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Source : GNLM
