Where does Myanmar export to?
In 2019, the top partner countries to which Myanmar Exports All Products include China, Thailand, Japan, United States and Germany.
Who does Myanmar export to?
Myanmar trade balance, exports and imports by country
In 2019, Myanmar major trading partner countries for exports were China, Thailand, Japan, United States and Germany and for imports they were China, Singapore, Thailand, Malaysia and Indonesia.
What are Myanmar major exports?
Oil and natural gas dominate Myanmar’s exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar’s main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong.
What are Myanmar’s top 3 exports?
The 5 biggest exported goods from Myanmar by value are petroleum gases, unknitted and non-crocheted men’s suits or trousers, dried shelled vegetables, unknitted and non-crocheted women’s clothing and refined copper. Combined, Myanmar’s 5 most valuable exports accounted for 45.8% of the country’s overall exports.
Is Myanmar richer than Philippines?
The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Myanmar ranked 71st with $71.2B.
Gross Domestic Product & Income.
|GDP per capita||$1.3k||$3.1k|
|GDP per capita growth||5.56%||4.77%|
|Purchasing Power Parity conversion factor||290.17||18.25|
What does Myanmar Import Export?
Myanmar Exports and Imports of Product Groups 2019
Myanmar Raw materials exports are worth US$ 3,249 million, product share of 17.95%. Myanmar Raw materials imports are worth US$ 596 million, product share of 3.20%. Myanmar Intermediate goods exports are worth US$ 3,234 million, product share of 17.86%.
What does the US import from Myanmar?
U.S. total imports of agricultural products from Burma totaled $18 million in 2020. Leading categories include: pulses ($8 million), baked goods, cereals, and pasta ($1 million), sugars, sweeteners, beverages bases ($1 million), processed fruit and vegetables ($756 thousand), and tree nuts ($645 thousand).
Why Myanmar is so poor?
Due to this, Burma remains a poor country with no improvement of living standards for the majority of the population over the past decade. The main causes for continued sluggish growth are poor government planning, internal unrest, minimal foreign investment and the large trade deficit.
Which country does Myanmar belong to?
Myanmar, officially the Republic of the Union of Myanmar, and formerly known as Burma, is a country in Southeast Asia. Myanmar is bordered by Bangladesh and India to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest.
What is the main religion of Myanmar?
There is significant demographic correlation between ethnicity and religion. Theravada Buddhism is the dominant religion among the majority Bamar ethnic group and among the Shan, Rakhine, Mon, and numerous other ethnic groups.