Myanmar

Myanmar

Global Trade Profile β€’ Rank #75 Exporter

$21.81B

Total Exports (2023)

$24.75B

Total Imports (2023)

$2.94B

Trade Deficit

#75

Export Ranking

Trade Flow Visualization

Interactive map showing Myanmar's top trading partners. Green lines represent exports, red lines represent imports.

#75

Export Rank

$21.81B

Total Exports

$24.75B

Total Imports

-$2.94B

Trade Balance

29

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Petroleum gases and other gaseous hydrocarbons: in...
15.1%$3.30B
#2Compounds, inorganic or organic (excluding cerium)...
6.6%$1.44B
#3Vegetables, leguminous: beans of the species vigna...
4.7%$1.03B
#4Anoraks (including ski-jackets), wind-cheaters, wi...
4.4%$953.20M
#5Stones: precious (other than diamonds) and semi-pr...
3.4%$749.17M
#6Anoraks (including ski-jackets), wind-cheaters, wi...
2.8%$617.64M
#7Cereals: maize (corn), other than seed
2.7%$578.61M
#8Floating or submersible drilling or production pla...
2.1%$456.18M
#9Cereals: rice, semi-milled or wholly milled, wheth...
2.1%$454.91M
#10Jerseys, pullovers, cardigans, waistcoats and simi...
2.0%$431.35M

πŸ“₯ Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
18.2%$4.52B
#2Oils: petroleum oils and oils obtained from bitumi...
3.6%$896.94M
#3Vegetable oils: palm oil and its fractions, other ...
2.8%$681.57M
#4Telephones for cellular networks or for other wire...
1.6%$397.38M
#5Fertilizers, mineral or chemical: nitrogenous, amm...
1.3%$327.47M
#6Medicaments: consisting of mixed or unmixed produc...
1.3%$310.36M
#7Floating or submersible drilling or production pla...
1.2%$306.93M
#8Fabrics, woven: printed, containing less than 85% ...
1.2%$285.78M
#9Food preparations: n.e.c. in item no. 2106.10
1.1%$263.29M
#10Oil-cake and other solid residues: whether or not ...
0.9%$228.72M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Myanmar Trade Analysis 2023

πŸ“Š Overview

#75
Global Export Rank
46.55B
Total Trade Volume
0.23%
Share of Global Trade

Myanmar stands as the world's #75 largest exporter and #79 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 2.94 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 11.9% of imports requires careful management of external financing.
21.81B
Total Exports
24.75B
Total Imports
0.88
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $3.88B, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

China
Thailand
Japan
Germany
India
Others

Export Market Concentration

31.0%
$6.77B
16.2%
$3.53B
7.3%$1.59B
5.7%$1.24B
4.7%$1.03B
4.1%$901.75M
3.3%$715.33M
13 others
17.6%$3.83B

Export concentration shows China as the dominant market at 31.0%. The top three markets control 54.5% of exports.

⚠️

Market Concentration Risk

Heavy reliance on China (31.0% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
64.9%
Top 5 Markets
79.7%
Top 10 Markets
20
Total Partners

Regional patterns reveal strong East Asian integration. Secondary markets (USA, Poland, Spain) provide $3.23B in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

42.1%
$10.41B
17.8%
$4.41B
14.0%$3.47B
3.9%$974.88M
3.6%$897.11M
3.5%$860.41M
2.6%$638.50M
13 others
10.0%$2.47B

Myanmar relies heavily on China for imports (42.1%),creating supply chain concentration risk.

Energy suppliers including Qatar (897.11M), United Arab Emirates (126.91M) collectively provide 1.02 billion or 4.1% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Thailand, Malaysia, Indonesia, reflecting deep integration into Asian production networks. China's dominant position at 10.41 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 202.76 million (0.8%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 92.6% of total imports, with the remaining 7% distributed among 10 other suppliers.

Regional sourcing patterns reveal strong ASEAN integration with 5 Southeast Asian nations providing 10.01 billion (40.4%) of imports. European suppliers including Italy (107.55M), Germany (105.86M), France (59.58M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Thailand, India, Viet Namemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

in gaseous state, natural gas...
15.1%
$3.30B
Compounds, inorganic or organic (excluding cerium)...
6.6%$1.44B
beans of the species vigna mungo (l.) hepper or vi...
4.7%$1.03B
women's or girls', of man-made fibres, other than ...
4.4%$953.20M
precious (other than diamonds) and semi-precious s...
3.4%$749.17M
3 others
7.6%$1.65B

Myanmar's export economy centers on diversified industrial production, with the leading export being in gaseous state, natural gasat $3.30 billion, accounting for 15.1% of total exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Myanmar maintains strong positions in specialized equipment,, and Petroleum gases and other gaseous hydrocarbons, Compounds, inorganic or organic (excluding cerium), of rare-earth metals, of yttrium, scandium or of mixtures of these metals, Vegetables, leguminous.

The top 20 export products collectively account for 57.0% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
18.2%
$4.52B
petroleum oils and oils obtained from bituminous m...
3.6%$896.94M
palm oil and its fractions, other than crude, whet...
2.8%$681.57M
Telephones for cellular networks or for other wire...
1.6%$397.38M
nitrogenous, ammonium sulphate...
1.3%$327.47M
3 others
3.6%$903.07M

Energy dominates Myanmar's import profile, with fossil fuels accounting for 5.56 billion or 22.5% of total imports. Crude oil leads at 4.52 billion (18.2%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $5.56B account for 22.5% of all imports, making Myanmar vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include palm oil and its fractions, other than c... (681.57M, 2.8%), Telephones for cellular networks or for ... (397.38M, 1.6%), nitrogenous, ammonium sulphate (327.47M, 1.3%), consisting of mixed or unmixed products ... (310.36M, 1.3%), Floating or submersible drilling or prod... (306.93M, 1.2%).Electronic components and devices total 526.58 million (2.1% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 310.36 million (1.3%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Myanmar's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (11 : 9among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in agriculture and technology and chemicals sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 1 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

-2.94 billion
Trade Deficit β€’ 6.32% of total trade
PartnerExportsImportsBalance
China$6.77B$10.41B$-3.64B
Thailand$3.53B$4.41B$-880.49M
Singapore$0$3.47B$-3.47B
Japan$1.59B$417.22M+$1.17B
India$1.03B$638.50M+$389.31M

Export-to-import ratio of 0.881 means exports cover 88.1% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$6.77B$10.41B$-3.64B
Thailand$3.53B$4.41B$-880.49M
Singapore$0$3.47B$-3.47B
Japan$1.59B$417.22M+$1.17B
India$1.03B$638.50M+$389.31M
Germany$1.24B$105.86M+$1.13B
Malaysia$260.04M$974.88M$-714.84M
USA$901.75M$202.76M+$698.99M
Total$15.31B$20.63B$-5.32B

The Myanmar-China relationship leads at 17.18 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include Singapore (3.47B total trade), Japan (2.00B total trade), India (1.67B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”37.79B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Myanmar as the #75 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.218%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Myanmar's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inin gaseous state, natural, Compounds, inorganic or o, beans of the species vign. The revealed comparative advantage is strongest in product categories representing26.4% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 2.94B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Rep. of Korea, Netherlands, Malaysia, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Myanmar's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Myanmar's position as the world's #75 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026