Flag India / Myanmar Flag

2019
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Exports
: $1.03B, Rnk 50 / 219

2019
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Top Product
: $204M, Packaged Medicaments

2019
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Exports
: $702M, Rnk 7 / 166

2019
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Top Product
: $352M, Dried Legumes

2019
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Economic Complexity (ECI)
: ECI 0.63, Rnk 45 / 157

2019
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Economic Complexity (ECI)
: ECI -0.94, Rnk 130 / 157

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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 GDP
: $76.1B, CURRENT US$
Rnk 70 / 187

2009-2019
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GDP GROWTH
: 106%, CURRENT US$
Rnk 29 / 187

2019
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GDP PC 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

2019
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GDP PC 
: $1,408, CURRENT US$
Rnk 155 / 187

2009-2019
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GDP PC GROWTH
: 91.7%, CURRENT US$
Rnk 18 / 187

India-Myanmar: In 2019, India exported $1.03B to Myanmar. The main products that India exported to Myanmar are Packaged Medicaments ($204M), Frozen Bovine Meat ($95.6M), and Non-Retail Pure Cotton Yarn ($35.5M). During the last 24 years the exports of India to Myanmar have increased at an annualized rate of 15.9%, from $30.1M in 1995 to $1.03B in 2019.

In 2019, India did not exported services to Myanmar.

Myanmar-India: In 2019, Myanmar exported $702M to India . The main products that Myanmar exported to India were Dried Legumes ($352M), Other Nuts ($109M), and Veneer Sheets ($50M). During the last 24 years the exports of Myanmar to India have increased at an annualized rate of 6.65%, from $150M in 1995 to $702M in 2019.

In 2019, Myanmar did not exported services to India.

Comparison: In 2019,  India ranked 45 in the Economic Complexity Index (ECI 0.63), and 15 in total exports ($330B). That same year, Myanmar ranked 130 in the Economic Complexity Index (ECI -0.94), and 71 in total exports ($22.4B).

Bilateral Trade by Products

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Depth
Value

In 2019, India exported $1.03B to Myanmar. The main products exported from India to Myanmar were Packaged Medicaments ($204M), Frozen Bovine Meat ($95.6M), and Non-Retail Pure Cotton Yarn ($35.5M). During the last 24 years the exports of India to Myanmar have increased at an annualized rate of 15.9%, from $30.1M in 1995 to $1.03B in 2019.

In 2019, Myanmar exported $702M to India. The main products exported from Myanmar to India were Dried Legumes ($352M), Other Nuts ($109M), and Veneer Sheets ($50M). During the last 24 years the exports of Myanmar to India have increased at an annualized rate of 6.65%, from $150M in 1995 to $702M in 2019.

Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Myanmar
Top Destination
: China, $5.47B

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

In 2019, countries that imported more from India than Myanmar were United States ($55.3B), United Arab Emirates ($28.6B), and China ($17.4B).

In 2019, countries that imported more from Myanmar than India were Thailand ($5.3B).

Comparative Advantage India - Myanmar

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Depth

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

During 2019, India had a large net trade with Myanmar in the exports of Chemical Products ($286M), Machines ($139M), and Animal Products ($121M).

During 2019, Myanmar had a large net trade with India in the exports of Vegetable Products ($513M), Wood Products ($101M), and Metals ($23.4M).

Tariff Section

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

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

In 2015, the products from Myanmar 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 Myanmar 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

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 Myanmar. Similarly, the more red a dot/product is, the more Myanmar has comparative advantage over India.