Frequent question: Which country does Myanmar trade with?

Myanmar’s main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. Myanmar is a member of the World Trade Organization (WTO) and of the Association of Southeast Asian Nations (ASEAN). Click here to read about ITC’s work in Myanmar (as of Dec. 2020).

Who is Myanmar’s biggest trading partner?

Myanmar top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 5,754 31.78
Thailand 3,257 17.99
Japan 1,436 7.93
United States 835 4.61

What does China buy from Myanmar?

Imports from China mainly consist of machinery, metal products, vehicles, and telecommunication equipment. In Myanmar’s exports to China, there are some goods which are important to China. For instance, refined tin that China imports from Myanmar is used for circuit-board soldering.

What is the main export of Philippines?

Primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Major trading partners include Japan, China, the United States, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan, and Thailand.

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 poor or rich?

Myanmar is Asia’s seventh-poorest country. Myanmar’s per capita GDP is $1,207, just above Cambodia’s. About 26% of the population lives in poverty, and poverty is twice as high in rural areas, where about 70% of the population lives.

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What is Peru’s biggest import?

Imports The top imports of Peru are Refined Petroleum ($3.05B), Crude Petroleum ($2.05B), Cars ($1.45B), Broadcasting Equipment ($1.23B), and Delivery Trucks ($1.01B), importing mostly from China ($9.61B), United States ($8.9B), Brazil ($2.25B), Chile ($1.79B), and Mexico ($1.66B).

A fun trip south