According to Union of Myanmar Federation of Chambers of Commerce and Industry, authorities in the military ruled country are just concerned about local consumption because of what has happened in Libya.
The trade body said an increase in oil prices might push up transportation costs and subsequently food prices.
Burma may be particularly sensitive to the issue as protests against the rising cost of living in 2007 escalated into huge anti-government rallies that posed the biggest challenge to military rule in nearly two decades.
The country, army dominated for nearly 50 years, may wait until its new parliamentary system is established before restarting exports, the official said -- a sign its rulers may also be worried about political implications of the Middle East unrest.
Anger at authoritarian Arab regimes in the Middle East and North Africa has raged from Algeria to Yemen and has spread to the previously unaffected Gulf states of Kuwait and Oman.
Protesters against Moamer Kadhafi's four-decade rule in Libya have seized control of most of the country despite a bloody fightback by his forces. Tripoli remains under his control, but key oil fields in the east have fallen to the opposition.
Military rulers of Burma claimed that rice production in the country has more than doubled since 1988. Myanmar was once one of the world's biggest rice exporters, but mismanagement by its leaders saw it fall far behind.
It now only has customers for its rice in North Korea and West African countries, where people are too poor to be choosy about the low quality of the product, analysts said.
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