What goods are exported from Myanmar?
Oil and natural gas dominate Myanmar’s exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar’s main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong.
What goods are imported from Myanmar?
Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar’s main imports partners are China, Japan, India, Indonesia, Germany, France and Hong Kong.
What are Myanmar’s top 3 exports?
The 5 biggest exported goods from Myanmar by value are petroleum gases, unknitted and non-crocheted men’s suits or trousers, dried shelled vegetables, unknitted and non-crocheted women’s clothing and refined copper. Combined, Myanmar’s 5 most valuable exports accounted for 45.8% of the country’s overall exports.
What does India export to Myanmar?
India’s export to Myanmar includes mustard seeds, pulses and beans, fresh vegetables, fruits and soya bean. On the other hand, India supply clothes, shoes, medicines, woolens and engineering goods to Myanmar. Export process from India to Myanmar and other countries is almost same worldwide.
What are the imports and exports of Myanmar?
Myanmar Exports and Imports of Product Groups 2019 Myanmar Raw materials imports are worth US$ 596 million, product share of 3.20%. Myanmar Intermediate goods exports are worth US$ 3,234 million, product share of 17.86%. Myanmar Intermediate goods imports are worth US$ 6,137 million, product share of 32.98%.
What are the products of Myanmar?
Myanmar has abundance natural resources such as petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, marble, limestone, precious stones, natural gas and hydropower. Rice, pulses and beans, oilseeds, fruits and vegetables, sugarcane, hardwood, marine products are produced in Myanmar.
What is the biggest import in Myanmar?
Top 10
- Mineral fuels including oil: US$2.7 billion (15.3% of total imports)
- Electrical machinery, equipment: $2 billion (10.9%)
- Machinery including computers: $1.8 billion (9.8%)
- Vehicles: $1.2 billion (6.6%)
- Iron, steel: $1.1 billion (6.3%)
- Plastics, plastic articles: $771.5 million (4.3%)
What is Myanmar biggest export?
Exports The top exports of Myanmar are Petroleum Gas ($2.99B), Rice ($1.15B), Non-Knit Women’s Coats ($984M), Refined Copper ($974M), and Dried Legumes ($894M), exporting mostly to China ($5.37B), Thailand ($2.75B), Japan ($1.45B), Germany ($1.31B), and United States ($1.14B).
What India import from Myanmar?
The main products that Myanmar exported to India were Dried Legumes ($379M), Other Nuts ($107M), and Corn ($81.1M). During the last 25 years the exports of Myanmar to India have increased at an annualized rate of 6.63%, from $149M in 1995 to $742M in 2020. In 2020, Myanmar did not export any services to India.
What is the product of Myanmar?
Natural gas is Myanmar’s primary export, followed by pulses (mostly dried beans), teak, and minerals and gems. Its principal imports include machinery and equipment, industrial raw materials, and consumer goods.
What is the famous product in Myanmar?
Silk. Perhaps the most famous Myanmar souvenir is Inle Lake silk. The quality of the silks here is among the highest quality in Asia.
Do we trade with Myanmar?
Burma is currently our 85th largest goods trading partner with $1.4 billion in total (two way) goods trade during 2020. Goods exports totaled $339 million; goods imports totaled $1.0 billion. The U.S. goods trade deficit with Burma was $688 million in 2020.