Myanmar
Compare Myanmar →MM · MMR · BACI 104 · latest data 2024
Exports
= $20,990 M7.8% over 5 yrs (down)
Imports
= $19,843 M28.9% over 5 yrs (down)
Trade balancesurplus
= $1,147 M
Total trade
= $40,833 M19.4% over 5 yrs (down)
- World position
- #77 of 225 exporters · top half · #84 of 225 importers · top half · 2024
- World export share since 1995
- +0.1 pp
Trade timeline
Myanmar's exports grew from $1.3B in 1995 to $21.0B in 2024; the 2024 balance was $1.1B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $1,290 M | $2,431 M | −$1,141 M | $3,722 M |
| 1996 | $1,223 M | $2,678 M | −$1,455 M | $3,901 M |
| 1997 | $1,143 M | $2,858 M | −$1,714 M | $4,001 M |
| 1998 | $1,067 M | $2,412 M | −$1,345 M | $3,479 M |
| 1999 | $1,282 M | $2,248 M | −$966 M | $3,529 M |
| 2000 | $1,967 M | $2,712 M | −$745 M | $4,680 M |
| 2001 | $2,832 M | $3,333 M | −$501 M | $6,166 M |
| 2002 | $2,848 M | $2,516 M | $331 M | $5,364 M |
| 2003 | $2,794 M | $2,810 M | −$17 M | $5,604 M |
| 2004 | $3,758 M | $3,216 M | $542 M | $6,974 M |
| 2005 | $3,761 M | $3,085 M | $676 M | $6,845 M |
| 2006 | $4,599 M | $3,386 M | $1,213 M | $7,985 M |
| 2007 | $4,924 M | $4,945 M | −$22 M | $9,869 M |
| 2008 | $6,533 M | $6,184 M | $350 M | $12,717 M |
| 2009 | $6,007 M | $6,279 M | −$273 M | $12,286 M |
| 2010 | $6,771 M | $9,711 M | −$2,940 M | $16,482 M |
| 2011 | $9,242 M | $14,938 M | −$5,696 M | $24,180 M |
| 2012 | $9,783 M | $16,466 M | −$6,683 M | $26,249 M |
| 2013 | $11,828 M | $20,462 M | −$8,634 M | $32,291 M |
| 2014 | $28,137 M | $24,076 M | $4,061 M | $52,213 M |
| 2015 | $17,968 M | $24,653 M | −$6,685 M | $42,621 M |
| 2016 | $16,034 M | $23,448 M | −$7,414 M | $39,482 M |
| 2017 | $17,466 M | $24,720 M | −$7,254 M | $42,186 M |
| 2018 | $21,326 M | $27,717 M | −$6,391 M | $49,043 M |
| 2019 | $22,754 M | $27,906 M | −$5,151 M | $50,660 M |
| 2020 | $19,633 M | $25,267 M | −$5,634 M | $44,899 M |
| 2021 | $20,055 M | $22,058 M | −$2,003 M | $42,113 M |
| 2022 | $27,253 M | $28,595 M | −$1,342 M | $55,849 M |
| 2023 | $22,071 M | $24,112 M | −$2,041 M | $46,183 M |
| 2024 | $20,990 M | $19,843 M | $1,147 M | $40,833 M |
Trading partners
China was Myanmar's top trading partner in 2024, at 31.3% of total trade; the top five partners covered 64.8%.
- Top partner share
- 31.3%
- Top-5 share
- 64.8%
- Partners
- 158
- Partner HHI (0–1)
- 0.141
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $5,440 M | $7,344 M | $12,784 M | −$1,904 M |
| #2 | Thailand | $2,905 M | $3,666 M | $6,572 M | −$761 M |
| #3 | Singapore | $116 M | $3,127 M | $3,243 M | −$3,012 M |
| #4 | India | $1,494 M | $665 M | $2,159 M | $830 M |
| #5 | Japan | $1,412 M | $304 M | $1,716 M | $1,109 M |
| #6 | Germany | $1,238 M | $104 M | $1,342 M | $1,135 M |
| #7 | Malaysia | $323 M | $1,000 M | $1,324 M | −$677 M |
| #8 | Indonesia | $613 M | $674 M | $1,287 M | −$60 M |
| #9 | Poland | $971 M | $11 M | $982 M | $960 M |
| #10 | South Korea | $565 M | $337 M | $902 M | $228 M |
| #11 | Qatar | $8 M | $840 M | $848 M | −$831 M |
| #12 | United States | $678 M | $109 M | $787 M | $569 M |
| #13 | Spain | $383 M | $343 M | $725 M | $40 M |
| #14 | Italy | $441 M | $43 M | $483 M | $398 M |
| #15 | Vietnam | $238 M | $217 M | $455 M | $21 M |
Products & sectors
Product composition of Myanmar's trade in 2024.
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Concentration & risk
Myanmar's export partners held steady over 1995–2024 — HHI 0.106 → 0.107, a moderately concentrated export base across 144 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.106 | 0.168 | 68 | 46 |
| 1996 | 0.096 | 0.144 | 66 | 50 |
| 1997 | 0.096 | 0.138 | 74 | 52 |
| 1998 | 0.090 | 0.130 | 84 | 65 |
| 1999 | 0.092 | 0.126 | 86 | 61 |
| 2000 | 0.104 | 0.123 | 92 | 71 |
| 2001 | 0.136 | 0.111 | 102 | 75 |
| 2002 | 0.146 | 0.153 | 107 | 71 |
| 2003 | 0.146 | 0.186 | 102 | 72 |
| 2004 | 0.172 | 0.165 | 109 | 73 |
| 2005 | 0.255 | 0.181 | 100 | 72 |
| 2006 | 0.291 | 0.203 | 104 | 73 |
| 2007 | 0.258 | 0.188 | 103 | 71 |
| 2008 | 0.301 | 0.195 | 111 | 72 |
| 2009 | 0.270 | 0.217 | 117 | 80 |
| 2010 | 0.203 | 0.196 | 124 | 133 |
| 2011 | 0.201 | 0.175 | 124 | 133 |
| 2012 | 0.203 | 0.179 | 140 | 134 |
| 2013 | 0.202 | 0.175 | 144 | 140 |
| 2014 | 0.390 | 0.207 | 151 | 149 |
| 2015 | 0.265 | 0.205 | 158 | 155 |
| 2016 | 0.192 | 0.178 | 180 | 169 |
| 2017 | 0.155 | 0.166 | 161 | 185 |
| 2018 | 0.149 | 0.184 | 166 | 178 |
| 2019 | 0.129 | 0.212 | 172 | 163 |
| 2020 | 0.121 | 0.213 | 164 | 159 |
| 2021 | 0.137 | 0.199 | 161 | 143 |
| 2022 | 0.160 | 0.230 | 159 | 142 |
| 2023 | 0.141 | 0.225 | 144 | 122 |
| 2024 | 0.107 | 0.204 | 144 | 117 |
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