Myanmar recorded a trade deficit of 38.20 USD Million in February of 2019. Balance of Trade in Myanmar averaged -218.33 USD Million from 2010 until 2019, 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 -38.20 12.20 593.30 -948.50 USD Million [+]
Current Account -3592.00 -3104.50 1963.00 -3592.00 USD Million [+]
Current Account to GDP -2.00 -4.70 6.80 -14.80 percent [+]
Exports 1354.60 1579.90 1760.70 502.60 USD Million [+]
Imports 1392.80 1567.70 1972.90 334.20 USD Million [+]
Foreign Direct Investment 447.59 454.37 3821.91 3.14 USD Million [+]
Tourist Arrivals 367733.00 380172.00 450541.00 125085.00 [+]
Gold Reserves 7.27 7.30 7.30 7.18 Tonnes [+]
Terrorism Index 5.92 4.96 5.92 3.45 [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-38.20 12.20 593.30 -948.50 2010 - 2019 USD Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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