Country intelligence · MMR · 2024

Myanmar trade profile

In 2024, Myanmar recorded $18.3B in merchandise exports and $19.6B in imports, producing a $1.3B trade deficit. Exports changed -12.9% from the previous year, while imports changed -16.1%.[1]

Exports

$18.3B

-12.9%

Imports

$19.6B

-16.1%

Trade balance

-$1.3B

deficit

Active partners

270

19 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$18.3B$19.6B-$1.3B-12.9%
2023$21.0B$23.3B-$2.3B-15.7%
2022$25.0B$26.1B-$1.2B+33.7%
2021$18.7B$20.7B-$2.0B+3.8%
2020$18.0B$24.0B-$6.1B-0.5%
2019$18.1B$24.8B-$6.7B+13.7%
2018$15.9B$24.4B-$8.5B+21.8%
2017$13.0B$22.6B-$9.6B+14.4%
2016$11.4B$20.7B-$9.3B-11.8%
2015$12.9B$21.6B-$8.7B-33.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 62 · HS chapter

112 active HS6 lines · 127 export partners

$3.2B
2

HS 27 · Mineral fuels and oils

39 active HS6 lines · 11 export partners

$3.1B
3

HS 10 · Cereals

21 active HS6 lines · 83 export partners

$1.8B
4

HS 61 · HS chapter

106 active HS6 lines · 124 export partners

$1.7B
5

HS 07 · HS chapter

62 active HS6 lines · 74 export partners

$1.6B
6

HS 26 · HS chapter

19 active HS6 lines · 11 export partners

$855.8M
7

HS 28 · HS chapter

153 active HS6 lines · 13 export partners

$795.4M
8

HS 03 · HS chapter

135 active HS6 lines · 60 export partners

$667.6M

Leading export markets

Destinations rank bilateral export flows from Myanmar; growth describes each corridor rather than the whole economy.

1

China

Annual change -29.2% · 3-year CAGR -7.6%

$6.0B
2

Thailand

Annual change -3.4% · 3-year CAGR -0.8%

$3.0B
3

Japan

Annual change -8.9% · 3-year CAGR 9.4%

$1.2B
4

India

Annual change +21.9% · 3-year CAGR 10.0%

$1.1B
5

Germany

Annual change -6.0% · 3-year CAGR 6.1%

$976.5M
6

United States

Annual change -19.7% · 3-year CAGR -9.0%

$582.9M
7

South Korea

Annual change -0.7% · 3-year CAGR 3.8%

$412.8M
8

Poland

Annual change -5.2% · 3-year CAGR 18.8%

$398.6M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.