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Trade between Myanmar and Singapore

In 2024, Myanmar exported $116 million to Singapore and imported $3.1 billion. Myanmar ran a deficit of $3 billion with Singapore, compared with a deficit of $3.3 billion in 2019. Singapore was Myanmar’s 3rd largest trading partner (8% of its trade), and Myanmar was Singapore’s 29th (0.4%).

Summary

Myanmar → Singapore
$116million
Singapore → Myanmar
$3.1billion
Myanmar’s balance
-$3billion

Balance

Myanmar’s trade balance with Singapore

Trade between Myanmar and Singapore grew 3.9-fold since 1995

USD billions (current). Myanmar’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.1
  • Imports 3.1
  • Balance -3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$211 million$631 million-$420 million
1996$204 million$712 million-$507 million
1997$167 million$692 million-$526 million
1998$119 million$453 million-$334 million
1999$99 million$414 million-$315 million
2000$109 million$428 million-$319 million
2001$113 million$655 million-$542 million
2002$106 million$509 million-$404 million
2003$83 million$624 million-$541 million
2004$71 million$604 million-$533 million
2005$89 million$528 million-$439 million
2006$47 million$496 million-$449 million
2007$45 million$731 million-$686 million
2008$72 million$1.2 billion-$1.1 billion
2009$102 million$843 million-$741 million
2010$131 million$1.3 billion-$1.2 billion
2011$170 million$2.5 billion-$2.4 billion
2012$151 million$2.2 billion-$2 billion
2013$413 million$2.4 billion-$2 billion
2014$205 million$3.6 billion-$3.4 billion
2015$250 million$3.8 billion-$3.5 billion
2016$715 million$2.5 billion-$1.7 billion
2017$651 million$3.1 billion-$2.4 billion
2018$463 million$3.8 billion-$3.3 billion
2019$331 million$3.6 billion-$3.3 billion
2020$136 million$2.6 billion-$2.5 billion
2021$132 million$2.8 billion-$2.6 billion
2022$75 million$4.5 billion-$4.5 billion
2023$71 million$3.7 billion-$3.7 billion
2024$116 million$3.1 billion-$3 billion

What they sell each other

What Myanmar sells to Singapore

The top 10 headings in 2024, with their share of the total.

  1. Generating sets$33 million · 28.4%
    2 thousand tonnes
  2. Gas generators$10 million · 8.8%
    171 tonnes
  3. 6 thousand tonnes · Myanmar’s destinations
  4. Gemstones$6 million · 4.9%
  5. Video recorders and players$5 million · 4.6%
    91 tonnes
  6. 2 thousand tonnes
  7. 373 tonnes
  8. Other oilseeds$3 million · 3%
    2 thousand tonnes
  9. Frozen fish$3 million · 2.4%
    2 thousand tonnes
  10. Onions and garlic$2 million · 2.1%
    4 thousand tonnes

What Singapore sells to Myanmar

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$2.8 billion · 90%
    3.4 million tonnes · Singapore’s destinations
  2. Pesticides and herbicides$64 million · 2.1%
    9 thousand tonnes
  3. Other food preparations$20 million · 0.65%
    1 thousand tonnes
  4. Fragrance mixtures$19 million · 0.61%
    1 thousand tonnes
  5. Cigarettes and cigars$15 million · 0.49%
    961 tonnes
  6. 505 tonnes
  7. Writing and printing paper$13 million · 0.43%
    17 thousand tonnes
  8. Microchips$8 million · 0.27%
    Singapore’s destinations
  9. 62 tonnes
  10. Turbojets and gas turbines$7 million · 0.22%
    12 tonnes · Singapore’s destinations

How it travels

Estimated sea route from Yangon to Singapore.

The estimated sea route between Yangon and Singapore is 1,142 nautical miles (2,115 km) long: ≈ 2.5–3.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.2 billion · 97.2%
  2. Air$92 million · 2.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Singapore was Myanmar’s 3rd largest trading partner (8% of its trade), and Myanmar was Singapore’s 29th (0.4%).

Singapore in Myanmar’s trade
7.9%
Singapore’s rank among Myanmar’s partners
3rd
Myanmar in Singapore’s trade
0.4%
Myanmar’s rank among Singapore’s partners
29th

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.