Loading..

Myanmar Trade Summary

2023

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 2023

Overall Exports and Imports for Myanmar 2023

Exports and imports of Myanmar in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,753 million.
  • The total value of imports (CIF) was 16,440 million.
  • At the HS6 digit level, 1,034 products were exported to 117 countries and 3,502 products were imported from 119 countries.

Myanmar top 5 Export and Import partners 2023

Top five countries to which Myanmar exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Myanmar exports to Thailand worth US$ 3,580 million, with a partner share of 24.27 percent.
  2. Myanmar exports to China worth US$ 3,428 million, with a partner share of 23.24 percent.
  3. Myanmar exports to Japan worth US$ 1,200 million, with a partner share of 8.13 percent.
  4. Myanmar exports to India worth US$ 839 million, with a partner share of 5.69 percent.
  5. Myanmar exports to United States worth US$ 588 million, with a partner share of 3.98 percent.

Top five countries from which Myanmar imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Myanmar imports from China worth US$ 5,091 million, with a partner share of 30.97 percent.
  2. Myanmar imports from Singapore worth US$ 3,705 million, with a partner share of 22.53 percent.
  3. Myanmar imports from Thailand worth US$ 2,097 million, with a partner share of 12.75 percent.
  4. Myanmar imports from Malaysia worth US$ 1,368 million, with a partner share of 8.32 percent.
  5. Myanmar imports from Indonesia worth US$ 1,185 million, with a partner share of 7.21 percent.

Myanmar Top 5 Productsexports imports at HS 6 digit level 2023

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 3,437,929.67 (US$ Thousands).
  2. Myanmar exported Dried beans, shelled , worth 1,062,425.92 (US$ Thousands).
  3. Myanmar exported Woman's or girls' anoraks, wind-cheaters, etc, , worth 505,824.73 (US$ Thousands).
  4. Myanmar exported Floating or submersible drilling or production , worth 456,182.85 (US$ Thousands).
  5. Myanmar exported Maize (excl. seed) , worth 414,090.88 (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 5,193,120.78 (US$ Thousands).
  2. Myanmar imported Palm oil (excl. crude) and liquid fractions , worth 627,382.83 (US$ Thousands).
  3. Myanmar imported Parts of cranes, work-trucks, shovels, and othe , worth 338,158.19 (US$ Thousands).
  4. Myanmar imported Other medicaments of mixed or unmixed products, , worth 317,071.70 (US$ Thousands).
  5. Myanmar imported Floating or submersible drilling or production , worth 306,926.29 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Myanmar in 2023 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 2.71 percent.
  • The trade weighted average tariff was 0.75 .
  • The total duty free imports in thousands of US dollars were 8,952,896.55 and duty free tariff line items share was 45.37 percent.

Development Indicators 2023

Key Development Indicators of Myanmar in 2023 are below

  • Myanmar GDP in current US dollar was 66,758 million.
  • GNI per capita, Atlas method (current US$) was 1,230.00 .
  • Myanmar Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Myanmar in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 5.88.
  • World Growth in percentage was -3.13 and Myanmar Country Growth was -7.54 .