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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Myanmar Balance of Trade

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..
Actual Previous Highest Lowest Dates Unit Frequency
-46.40 25.70 593.30 -942.70 2010 - 2022 USD Million Monthly