Myanmar recorded a trade deficit of 251.80 USD Million in November of 2018. Balance of Trade in Myanmar averaged -222.53 USD Million from 2010 until 2018, reaching an all time high of 593.30 USD Million in August of 2011 and a record low of -948.50 USD Million in July of 2015.

Balance of Trade in Myanmar is expected to be -325.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Myanmar to stand at -150.00 in 12 months time. In the long-term, the Myanmar Balance of Trade is projected to trend around -170.00 USD Million in 2020, according to our econometric models.

Myanmar Balance of Trade
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Myanmar Trade Last Previous Highest Lowest Unit
Balance of Trade -251.80 -310.20 593.30 -948.50 USD Million [+]
Current Account -5738.00 -1406.00 1963.00 -5738.00 USD Million [+]
Current Account to GDP -2.00 -4.70 6.80 -14.80 percent [+]
Exports 1277.20 1179.20 1760.70 502.60 USD Million [+]
Imports 1529.00 1489.40 1972.90 334.20 USD Million [+]
Foreign Direct Investment 434.89 245.67 3821.91 3.14 USD Million [+]
Tourist Arrivals 363154.00 343766.00 450541.00 125085.00 [+]
Gold Reserves 7.30 7.30 7.30 7.18 Tonnes [+]
Terrorism Index 5.92 4.96 5.92 3.45 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Myanmar Balance of Trade

Myanmar had been trading mostly with neighboring countries due to political circumstances and poor infrastructure, but the change to democracy is likely to allow access to new markets. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong.. This page provides - Myanmar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-251.80 -310.20 593.30 -948.50 2010 - 2018 USD Million Monthly




Country Last Previous
Argentina 951.00 Jul/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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