Flag India / Burma Flag

Exports Flag β†’ Flag  (2018): $1.4B, Rnk 45 / 211

Top Product Flag β†’ Flag (2018): $215M, Refined Petroleum

Exports Flag β†’ Flag (2018): $631M, Rnk 6 / 144

Top Product Flag β†’ Flag (2018): $295M, Dried Legumes

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

Economic Complexity of Flag (2018): ECI -1.24, Rnk 122 / 137

GDP Flag (2018): $2.72T, CURRENT US$
Rnk 7 / 196

GDP GROWTH Flag (2008-2018): 127%, CURRENT US$
Rnk 20 / 196

GDP Flag (2018): $71.2B, CURRENT US$
Rnk 71 / 196

GDP GROWTH Flag (2008-2018): 124%, CURRENT US$
Rnk 22 / 196

GDP PC Flag (2018): $2,010, CURRENT US$
Rnk 152 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 16 / 196

GDP PC Flag (2018): $1,326, CURRENT US$
Rnk 165 / 196

GDP PC GROWTH Flag (2008-2018): 108%, CURRENT US$
Rnk 12 / 196

India-Burma: In 2018, India exported $1.4B to Burma. The main products exported from India to Burma were Refined Petroleum ($215M), Packaged Medicaments ($190M), and Raw Sugar ($144M). During the last 23 years the exports of India to Burma have increased at an annualized rate of 18.2%, from $30M in 1995 to $1.4B in 2018.

Burma-India: In 2018, Burma exported $631M to India. The main products exported from Burma to India were Dried Legumes ($295M), Other Nuts ($118M), and Veneer Sheets ($55.4M). During the last 23 years the exports of Burma to India have increased at an annualized rate of 6.46%, from $149M in 1995 to $631M in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Burma ranked 122 in the Economic Complexity Index (ECI -1.24), and 72 in total exports ($20B). In terms of GDP Per Capita, India was ranked 152 with a GDP Per Capita of $2,010, and Burma was ranked 165 with a GDP Per Capita of $1,326.

Bilateral Trade by Products

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Depth
Value

In 2018, India exported $1.4B to Burma. The main products exported from India to Burma were Refined Petroleum ($215M), Packaged Medicaments ($190M), and Raw Sugar ($144M). During the last 23 years the exports of India to Burma have increased at an annualized rate of 18.2%, from $30M in 1995 to $1.4B in 2018.

In 2018, Burma exported $631M to India. The main products exported from Burma to India were Dried Legumes ($295M), Other Nuts ($118M), and Veneer Sheets ($55.4M). During the last 23 years the exports of Burma to India have increased at an annualized rate of 6.46%, from $149M in 1995 to $631M in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Burma
Top Destination
: Thailand, $5.27B

This map shows whether countries import more from India or Burma. Each country is colored based on the difference in imports they receive from India and Burma or the difference in the growth in imports.

In 2018, countries that imported more from India than Burma were United States ($52B), United Arab Emirates ($27.1B), and Hong Kong ($12.8B).

In 2018, countries that imported more from Burma than India were Thailand ($5.27B) and Andorra ($6.8M).

Comparative Advantage India - Burma

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Depth

This chart compares trade between India and Burma by product, considering products traded by both, India and Burma.

During 2018, India had a large net trade with Burma in the exports of Chemical Products ($266M), Mineral Products ($218M), and Foodstuffs ($216M).

During 2018, Burma had a large net trade with India in the exports of Vegetable Products ($429M), Wood Products ($124M), and Metals ($30M).

Tariff Section

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This sections shows import tariffs for products traded between India and Burma (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Burma were Grape wines, sparkling (150%) and Grape wines nes, fortified wine or must, pack < 2l (150%).

In 2015, the products from Burma that paid the highest import tariffs to enter India were Undenatured ethyl alcohol > 80% by volume (40%) and Spirits obtained by distilling grape wine, grape marc (40%).

Explore Tariff Data

*The tariffs present between India and Burma are:
59: ASEAN India Free Trade Area (ASEAN) Association of Southeast Asian Nations
136: Most Favoured Nation duty rate treatement
254: Preferential tariff for Least Developed Countries

Trade Forecasts

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This section shows a forecast for total trade between India and Burma. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more India has comparative advantage over Burma. Similarly, the more red a dot/product is, the more Burma has comparative advantage over India.