Myanmar Crude Oil Production  Forecast


Crude Oil Production in Myanmar is expected to be 14.98 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Myanmar to stand at 14.97 in 12 months time. In the long-term, the Myanmar Crude Oil Production is projected to trend around 14.94 BBL/D/1K in 2020, according to our econometric models.


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Myanmar Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -771 -193 -187 -185 -184 -183
Exports 1018 885 886 886 886 886
Imports 1788 1236 1209 1186 1165 1060
Current Account -1818 -1785 -1709 -1633 -1557 -632
Current Account to GDP -6.5 -6.1 -5.7 -5.7 -5.15 -4.7
Foreign Direct Investment 228 608 604 605 605 605
Tourist Arrivals 291464 254000 252000 251800 252100 252500
Terrorism Index 4.17 4.17 4.18 4.18 4.19 4.17
Crude Oil Production 15 14.98 14.98 14.97 14.97 14.94
Gold Reserves 7.27 7.26 7.26 7.26 7.26 7.25