Myanmar plans to import two million tonnes of fertilizers in 2024-2025

Myanmar’s Urea Fertilizer Purchasing and Distribution Steering Committee has announced plans to import two million tonnes of fertilizer and 35,000 tonnes of pesticides for the 2024-2025 financial year. This move is part of Myanmar’s effort to bolster agricultural productivity by ensuring farmers can access necessary inputs at reasonable prices. With import licenses already secured, the committee is set to distribute and sell the imported fertilizers and pesticides before the farming season, aiming to support the agricultural sector effectively.

The distribution plan includes the provision of 4,900 tonnes of urea fertilizer and 21,000 tonnes of compound fertilizer across 12 regions and states, including the Nay Pyi Taw Council area, for winter oil crops projects. Furthermore, the spring paddy project is poised to utilize over 36,000 tonnes of urea and a similar quantity of compound fertilizer to cultivate approximately 720,000 acres in six regions and states. The monsoon paddy project, extending to more than 740,000 acres in 10 regions and states, will consume over 37,000 tonnes each of urea and compound fertilizers. These agricultural initiatives are financed by Myanmar’s State Economic Promotion Fund.