Loading..

Myanmar Trade Summary

2021

Myanmar exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2021

Overall Exports and Imports for Myanmar 2021

Exports and imports of Myanmar in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 15,153 million.
  • The total value of imports (CIF) was 14,327 million.
  • At the HS6 digit level, 1,456 products were exported to 124 countries and 3,539 products were imported from 143 countries.

Myanmar top 5 Export and Import partners 2021

Top five countries to which Myanmar exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Myanmar exports to China worth US$ 4,479 million, with a partner share of 29.56 percent.
  2. Myanmar exports to Thailand worth US$ 3,493 million, with a partner share of 23.05 percent.
  3. Myanmar exports to Japan worth US$ 908 million, with a partner share of 5.99 percent.
  4. Myanmar exports to India worth US$ 858 million, with a partner share of 5.66 percent.
  5. Myanmar exports to United States worth US$ 593 million, with a partner share of 3.91 percent.

Top five countries from which Myanmar imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Myanmar imports from China worth US$ 4,206 million, with a partner share of 29.36 percent.
  2. Myanmar imports from Singapore worth US$ 2,739 million, with a partner share of 19.12 percent.
  3. Myanmar imports from Thailand worth US$ 2,072 million, with a partner share of 14.46 percent.
  4. Myanmar imports from Indonesia worth US$ 1,205 million, with a partner share of 8.41 percent.
  5. Myanmar imports from Malaysia worth US$ 853 million, with a partner share of 5.95 percent.

Myanmar Top 5 Productsexports imports at HS 6 digit level 2021

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 3,150,702.81 (US$ Thousands).
  2. Myanmar exported Dried beans, shelled , worth 1,097,485.60 (US$ Thousands).
  3. Myanmar exported Maize (excl. seed) , worth 511,882.85 (US$ Thousands).
  4. Myanmar exported Men's or boys' jackets and blazers of other tex , worth 373,303.30 (US$ Thousands).
  5. Myanmar exported Sesamum seeds , worth 341,791.45 (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 2,663,201.50 (US$ Thousands).
  2. Myanmar imported Palm oil (excl. crude) and liquid fractions , worth 869,647.18 (US$ Thousands).
  3. Myanmar imported Printed woven fabrics, <85% synthetic fibres + , worth 532,287.62 (US$ Thousands).
  4. Myanmar imported Other medicaments of mixed or unmixed products, , worth 382,042.78 (US$ Thousands).
  5. Myanmar imported Other food preparations, nes , worth 363,648.22 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Myanmar in 2021 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 3.07 percent.
  • The trade weighted average tariff was 1.04 .
  • The total duty free imports in thousands of US dollars were 8,762,036.31 and duty free tariff line items share was 39.98 percent.

Development Indicators 2021

Key Development Indicators of Myanmar in 2021 are below

  • Myanmar GDP in current US dollar was 65,125 million.
  • GNI per capita, Atlas method (current US$) was 1,170.00 .
  • Myanmar Trade balance: as % of GDP was 1.64.
  • Trade balance in current US$ was 1,065.00 million.
  • Trade as percentage of GDP was 65.84 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2021

Trade Indicators for Myanmar in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 5.55.
  • World Growth in percentage was 12.50 and Myanmar Country Growth was 3.20 .