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Myanmar trade in 2024

In 2024, Myanmar exported $21 billion and imported $19.8 billion, a trade surplus of $1.1 billion. It was the world's 78th-largest exporter, with 0.09% of world exports. Its top export was natural gas and LPG (13.9% of the total) and its main trading partner was China (31.3% of its trade).

Summary

Exports
$21billion
Imports
$19.8billion
Trade balance
+$1.1billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Natural gas and LPG (13.9%) and dried legumes (beans, lentils, peas) (9.5%) together make up 23.4% of its exports.

  1. Natural gas and LPG$2.9 billion · 13.9%
    Main partner: Thailand
  2. Dried legumes (beans, lentils, peas)$2 billion · 9.5%
    Main partner: India
  3. Rice$1.4 billion · 6.6%
    Main partner: Indonesia
  4. Women's coats and jackets$1 billion · 4.9%
    Main partner: Poland
  5. Rare earth compounds$818 million · 3.9%
    Main partner: China
  6. Women's suits and dresses$802 million · 3.8%
    Main partner: Poland
  7. Corn$798 million · 3.8%
    Main partner: Thailand
  8. Men's coats and jackets$747 million · 3.6%
    Main partner: Poland
  9. Sweaters and pullovers$639 million · 3%
    Main partner: Germany
  10. Natural rubber$535 million · 2.6%
    Main partner: China

What it imports

Refined petroleum (22.6%) and crude petroleum (4.2%) together make up 26.8% of its imports.

  1. Refined petroleum$4.5 billion · 22.6%
    Main partner: Singapore
  2. Crude petroleum$840 million · 4.2%
    Main partner: Qatar
  3. Synthetic filament fabric$667 million · 3.4%
    Main partner: China
  4. Palm oil$632 million · 3.2%
    Main partner: Indonesia
  5. Cameras and broadcast equipment$376 million · 1.9%
    Main partner: China
  6. Other knitted fabric$375 million · 1.9%
    Main partner: China
  7. Blended synthetic fabric$349 million · 1.8%
    Main partner: China
  8. Medicines in measured doses or retail packs$343 million · 1.7%
    Main partner: India
  9. Cars$329 million · 1.7%
    Main partner: China
  10. Mixed fertilizers$321 million · 1.6%
    Main partner: China
By Harmonized System chapter (96)
ChapterExportsImports
62 · Woven clothing$4.3 billion$58 million
27 · Oil, gas and coal$3 billion$5.5 billion
61 · Knitted clothing$2.2 billion$80 million
10 · Cereals$2.2 billion$112 million
07 · Vegetables$2.1 billion$32 million
28 · Inorganic chemicals$820 million$92 million
40 · Rubber$812 million$179 million
64 · Footwear$794 million$88 million
03 · Fish and seafood$592 million$14 million
42 · Leather goods and bags$516 million$37 million
26 · Ores and slag$477 million$24 million
85 · Electrical and electronic equipment$393 million$1.2 billion
12 · Oilseeds and grains$291 million$24 million
44 · Wood$280 million$33 million
74 · Copper$273 million$21 million
71 · Gems and precious metals$271 million$14 million
08 · Fruit and nuts$159 million$30 million
09 · Coffee, tea and spices$124 million$11 million
90 · Precision and medical instruments$118 million$173 million
16 · Prepared meat and fish$116 million$46 million
76 · Aluminum$95 million$125 million
23 · Animal feed and food waste$93 million$148 million
39 · Plastics$91 million$672 million
84 · Mechanical machinery$90 million$862 million
81 · Other base metals$86 million$974 thousand
17 · Sugar and sweets$74 million$77 million
67 · Feathers and artificial flowers$73 million$9 million
65 · Hats$56 million$5 million
78 · Lead$50 million$113 thousand
88 · Aircraft and spacecraft$46 million$47 million
63 · Home textiles and used clothing$40 million$72 million
25 · Salt, stone and cement$36 million$95 million
24 · Tobacco$31 million$97 million
72 · Iron and steel$28 million$552 million
20 · Preserved fruit and vegetables$25 million$32 million
87 · Vehicles$24 million$822 million
95 · Toys and sports gear$24 million$84 million
94 · Furniture and lighting$20 million$54 million
79 · Zinc$18 million$3 million
73 · Iron and steel products$16 million$295 million
05 · Other animal products$16 million$235 million
15 · Fats and oils$14 million$701 million
58 · Special fabrics and lace$12 million$143 million
52 · Cotton$11 million$263 million
56 · Felt, nonwovens and rope$11 million$170 million
21 · Food preparations$9 million$269 million
80 · Tin$9 million$3 million
50 · Silk$9 million$9 million
19 · Baked goods and cereal products$8 million$179 million
48 · Paper and paperboard$8 million$335 million
13 · Gums and plant extracts$8 million$5 million
70 · Glass$8 million$86 million
96 · Other manufactured goods$8 million$161 million
46 · Wicker and basketware$7 million$3 million
91 · Watches and clocks$5 million$12 million
14 · Other plant products$5 million$60 thousand
89 · Ships and boats$4 million$26 million
47 · Wood pulp$4 million$7 million
11 · Milling products and malt$4 million$61 million
55 · Synthetic staple fibers$4 million$713 million
04 · Dairy, eggs and honey$3 million$59 million
32 · Dyes, paints and tanning agents$3 million$69 million
22 · Beverages and spirits$3 million$400 million
60 · Knitted fabric$3 million$473 million
41 · Hides and leather$2 million$37 million
66 · Umbrellas and canes$2 million$12 million
43 · Fur and fur goods$2 million$7 million
02 · Meat and offal$2 million$16 million
59 · Coated and technical textiles$2 million$144 million
33 · Perfumes and cosmetics$2 million$224 million
54 · Synthetic filaments$2 million$741 million
34 · Soap and cleaning products$2 million$120 million
86 · Railway equipment$1 million$336 million
68 · Stone, plaster and cement articles$1 million$57 million
29 · Organic chemicals$1 million$273 million
83 · Miscellaneous metal goods$1 million$122 million
49 · Books and printed matter$1 million$13 million
30 · Pharmaceuticals$1 million$440 million
97 · Art and antiques$836 thousand$126 thousand
01 · Live animals$725 thousand$23 million
82 · Tools and cutlery$396 thousand$27 million
93 · Weapons and ammunition$396 thousand$1 thousand
38 · Miscellaneous chemicals$261 thousand$238 million
69 · Ceramics$216 thousand$108 million
51 · Wool$165 thousand$22 million
53 · Other plant fibers$87 thousand$37 million
18 · Cocoa and chocolate$43 thousand$13 million
06 · Live plants and flowers$31 thousand$814 thousand
35 · Glues, starches and enzymes$29 thousand$40 million
92 · Musical instruments$28 thousand$1 million
37 · Photographic goods$19 thousand$12 million
75 · Nickel$13 thousand$92 thousand
45 · Cork$7 thousand$167 thousand
57 · Carpets and rugs$5 thousand$5 million
36 · Explosives and matches$5 thousand$2 million
31 · Fertilizers$1 thousand$608 million

Trading partners

China is its main destination (25.9% of exports) and source (37% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China5.425.9%Land
Thailand2.913.8%Land
India1.57.1%Sea
Japan1.46.7%Sea
Germany1.25.9%Sea
Poland0.974.6%Sea
United States0.683.2%Sea
Indonesia0.612.9%Sea
South Korea0.562.7%Sea
Italy0.442.1%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China7.337%Land
Thailand3.718.5%Land
Singapore3.115.8%Sea
Malaysia15%Sea
Qatar0.844.2%Sea
Indonesia0.673.4%Sea
India0.663.4%Land
Spain0.341.7%Air
South Korea0.341.7%Sea
Japan0.31.5%Sea

Overview 1995–2024

In 2024, Myanmar accounted for 0.09% of world exports, compared with 0.03% in 1995.

Exports and imports

Exports grew 16.3-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 21
  • Imports 19.8
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.3 billion$2.4 billion-$1.1 billion
1996$1.2 billion$2.7 billion-$1.5 billion
1997$1.1 billion$2.9 billion-$1.7 billion
1998$1.1 billion$2.4 billion-$1.3 billion
1999$1.3 billion$2.2 billion-$966 million
2000$2 billion$2.7 billion-$745 million
2001$2.8 billion$3.4 billion-$614 million
2002$2.8 billion$2.5 billion$331 million
2003$2.8 billion$2.8 billion-$17 million
2004$3.8 billion$3.2 billion$542 million
2005$3.8 billion$3.1 billion$676 million
2006$4.6 billion$3.4 billion$1.2 billion
2007$4.9 billion$4.9 billion-$22 million
2008$6.5 billion$6.2 billion$350 million
2009$6 billion$6.3 billion-$273 million
2010$6.8 billion$9.3 billion-$2.5 billion
2011$9.3 billion$14.1 billion-$4.8 billion
2012$9.8 billion$15.5 billion-$5.7 billion
2013$12.1 billion$19.7 billion-$7.6 billion
2014$28.2 billion$23.4 billion$4.7 billion
2015$17.9 billion$24.2 billion-$6.3 billion
2016$16.2 billion$23 billion-$6.8 billion
2017$17.6 billion$24.7 billion-$7.1 billion
2018$21.5 billion$26.9 billion-$5.4 billion
2019$22.8 billion$27 billion-$4.2 billion
2020$19.7 billion$24.8 billion-$5.1 billion
2021$20.3 billion$21.1 billion-$877 million
2022$27.5 billion$27.4 billion$141 million
2023$22.8 billion$23.7 billion-$892 million
2024$21 billion$19.8 billion$1.1 billion

World rank

Myanmar rose from 108th to 78th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 108th in 1995
  • 78th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995108th
1996111th
1997116th
1998113th
1999110th
2000109th
200191st
200294th
2003100th
200495th
2005103rd
2006100th
2007106th
2008102nd
200997th
201099th
201196th
201294th
201390th
201470th
201571st
201675th
201773rd
201874th
201971st
202071st
202177th
202274th
202376th
202478th

What it sells

Woven clothing became its top export group: from 6% to 20%

% of exports by Harmonized System chapter.

  • Other 23%
  • Footwear 4%
  • Rubber 4%
  • Inorganic chemicals 4%
  • Vegetables 10%
  • Cereals 10%
  • Knitted clothing 10%
  • Oil, gas and coal 14%
  • Woven clothing 20%

Source: CEPII BACI

Show the numbers
Chapter19952024
Woven clothing5.7%20.5%
Oil, gas and coal0.18%14.2%
Knitted clothing3.3%10.5%
Cereals9.6%10.4%
Vegetables12.8%10%
Inorganic chemicals0.03%3.9%
Rubber2.7%3.9%
Footwear0.07%3.8%
Other65.6%23%

Who it trades with

Singapore went from 23% to 8% of Myanmar's trade

% of total trade (exports + imports) with each partner.

  • China 31%
  • Thailand 16%
  • Singapore 8%
  • India 5%
  • Japan 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China20.5%31.3%
Thailand15.2%16.1%
Singapore22.6%7.9%
India5.2%5.3%
Japan6.7%4.2%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Central Burma Tertiary basinOil and gas · 2.6 Mt CO₂e
  • Tigyit power stationPower · 1.3 Mt CO₂e
  • Bengal Delta Sub-basin - Bengal basinOil and gas · 1.1 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Yangon$90.6 billion (PPP, 2021 dollars)
  • Mandalay$30.3 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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