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Myanmar Trade Summary

2020

Myanmar exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MYANMAR 2020

Overall Exports and Imports for Myanmar 2020

Exports and imports of Myanmar in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 16,950 million.
  • The total value of imports (CIF) was 17,969 million.
  • At the HS6 digit level, 1,454 products were exported to 145 countries and 3,687 products were imported from 157 countries.

Myanmar top 5 Export and Import partners 2020

Top five countries to which Myanmar exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Myanmar exports to China worth US$ 5,389 million, with a partner share of 31.79 percent.
  2. Myanmar exports to Thailand worth US$ 3,009 million, with a partner share of 17.75 percent.
  3. Myanmar exports to Japan worth US$ 1,241 million, with a partner share of 7.32 percent.
  4. Myanmar exports to United States worth US$ 869 million, with a partner share of 5.13 percent.
  5. Myanmar exports to Singapore worth US$ 697 million, with a partner share of 4.11 percent.

Top five countries from which Myanmar imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Myanmar imports from China worth US$ 6,528 million, with a partner share of 36.33 percent.
  2. Myanmar imports from Singapore worth US$ 2,454 million, with a partner share of 13.66 percent.
  3. Myanmar imports from Thailand worth US$ 1,931 million, with a partner share of 10.74 percent.
  4. Myanmar imports from Indonesia worth US$ 1,072 million, with a partner share of 5.96 percent.
  5. Myanmar imports from Malaysia worth US$ 1,011 million, with a partner share of 5.63 percent.

Myanmar Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Myanmar along with trade value are:

  1. Myanmar exported Natural gas in gaseous state , worth 3,365,871.92 (US$ Thousands).
  2. Myanmar exported Dried beans, shelled , worth 1,019,781.15 (US$ Thousands).
  3. Myanmar exported Copper cathodes and sections of cathodes unwrou , worth 923,227.04 (US$ Thousands).
  4. Myanmar exported Parts of boring or sinking machinery, whether o , worth 579,620.09 (US$ Thousands).
  5. Myanmar exported Men's or boys' jackets and blazers of other tex , worth 533,199.40 (US$ Thousands).

The top five imported HS 6 digit level products from world by Myanmar along with trade value are

  1. Myanmar imported Petroleum oils, etc, (excl. crude); preparation , worth 2,446,730.66 (US$ Thousands).
  2. Myanmar imported Palm oil (excl. crude) and liquid fractions , worth 645,251.18 (US$ Thousands).
  3. Myanmar imported Printed woven fabrics, <85% synthetic fibres + , worth 585,855.70 (US$ Thousands).
  4. Myanmar imported Transmission apparatus, for radioteleph incorpo , worth 437,266.51 (US$ Thousands).
  5. Myanmar imported Other medicaments of mixed or unmixed products, , worth 405,034.18 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Myanmar in 2020 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2020

Key Development Indicators of Myanmar in 2020 are below

  • Myanmar GDP in current US dollar was 78,930 million.
  • GNI per capita, Atlas method (current US$) was 1,370.00 .
  • Myanmar Trade balance: as % of GDP was 0.45.
  • Trade balance in current US$ was 355.00 million.
  • Trade as percentage of GDP was 64.90 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2020

Trade Indicators for Myanmar in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 5.29.
  • World Growth in percentage was -3.77 and Myanmar Country Growth was -0.39 .