India (IND) and Burma (MMR) Trade | The Observatory of Economic Complexity

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India-Burma Trade: In 2022, India exported $685M to Burma. The main products that India exported to Burma were Packaged Medicaments ($202M), Non-Retail Pure Cotton Yarn ($36.7M), and Petroleum Gas ($22.8M). Over the past 5 years the exports of India to Burma have decreased at an annualized rate of 11.1%, from $1.23B in 2017 to $685M in 2022.

In 2022, India did not export any services to Burma.

Burma-India Trade: In 2022, Burma exported $1.02B to India. The main products that Burma exported to India were Dried Legumes ($682M), Other Nuts ($125M), and Veneer Sheets ($30.4M). Over the past 5 years the exports of Burma to India have increased at an annualized rate of 4.6%, from $818M in 2017 to $1.02B in 2022.

In 2022, Burma did not export any services to India.

Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B).

Latest Trends

July, 2024

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Overview In July 2024, India exported $37.5M and imported $161M from Burma, resulting in a negative trade balance of $124M. Between July 2023 and July 2024 the exports of India have decreased by $-14M (-27.2%) from $51.5M to $37.5M, while imports increased by $98.2M (156%) from $63M to $161M.

Trade In July 2024, the top exports of India to Burma were Drug Formulations, Biologicals ($17.2M), Human Hair, Products Thereo ($16.6M), Oil Meals ($3.44M), Tobacco Manufactured ($2.04M), and Cotton Yarn ($1.92M). In July 2024 the top imports of India from Burma were Pulses ($78.4M), Plywood And Allied Products ($4.95M), Marine Products ($2.77M), Natural Rubber ($2.63M), and Other Commodities ($2.04M).

Growth In July 2024, the decrease in India's year-by-year exports to Burma was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-15.8M or -48%), Cotton Yarn ($-3.17M or -62.3%), and Indl. Machnry For Dairy Etc ($-1.1M or -55.3%). In July 2024, the increase in India's year-by-year imports from Burma was explained primarily by an increase in product imports in Pulses ($3.77M or 5.05%), Lead And Products Made Of Led ($1.58M or 1.31k%), and Other Commodities ($1.57M or 333%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-14M(-27.2%)

IMPORT GROWTH (July 2023 - July 2024)$98.2M(156%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Burma and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $685M to Burma. The main products exported from India to Burma were Packaged Medicaments ($202M), Non-Retail Pure Cotton Yarn ($36.7M), and Petroleum Gas ($22.8M). During the last 5 years the exports of India to Burma have decreased at an annualized rate of 11.1%, from $1.23B in 2017 to $685M in 2022.

In 2017, Burma exported $1.02B to India. The main products exported from Burma to India were Dried Legumes ($682M), Other Nuts ($125M), and Veneer Sheets ($30.4M). During the last 5 years the exports of Burma to India have increased at an annualized rate of 4.6%, from $818M in 2022 to $1.02B in 2017.

Exports from India () to Burma () (2022)

Exports from Burma () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Burma
Top DestinationChina$9.62B

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 2022, countries that imported more from India than Burma included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Burma than India included Norfolk Island ($251k) and Tokelau ($112k).

Difference in imports from Burma () and India () (2022)

Comparative Advantage India - Burma

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Burma in the exports of Chemical Products ($292M), Machines ($63.3M), and Textiles ($62.7M).

During 2017, Burma had a large net trade with India in the exports of Vegetable Products ($816M), Wood Products ($54.9M), and Metals ($49M).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Burma. This means that a dot/product with the flag of India indicates it has a comparative advantage over Burma. Similarly, a dot/product with the flag of Burma indicates it has a comparative advantage over India.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Burma () (2022)

Exports from Burma () to India () (2022)

Market Competitiveness

Difference in imports from Burma () and India () (2022)

Comparative Advantage India - Burma

Economic Complexity

Competitive Landscape

Product Space of India () and Burma () (2022)

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