Myanmar Balance of TradeAugust 2022 Data - 2010-2021 Historical

Name: Myanmar Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Myanmar,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Myanmar recorded a trade deficit of 46.40 USD Million in May of 2022. source: Central Statistics Organization, Myanmar

Balance of Trade in Myanmar averaged -162.43 USD Million from 2010 until 2022, reaching an all time high of 593.30 USD Million in August of 2011 and a record low of -942.70 USD Million in July of 2015. This page provides - Myanmar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Balance of Trade - values, historical data and charts - was last updated on September of 2022.

Balance of Trade in Myanmar is expected to be 100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Balance of Trade is projected to trend around 30.00 USD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-46.40	25.70	USD Million	May 2022
Exports	1415.10	1216.90	USD Million	May 2022
Imports	1461.50	191.20	USD Million	May 2022
Foreign Direct Investment	284.12	29.55	USD Million	Jan 2022

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..