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Pricing

2022
Flag → Flag
Exports $76.5MRnk 129 / 221
2022
Flag → Flag
Top Product $12.5MTanned Equine and Bovine Hides
2022
Flag → Flag
Exports $588MRnk 11 / 156
2022
Flag → Flag
Top Product $117MTrunks and Cases
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI -0.84Rnk 102 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
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GDP GROWTH1.79%CURRENT US$
Rnk 163 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$1,096CURRENT US$
Rnk 166 / 186
2012-2022
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GDP PC GROWTH-5.65%CURRENT US$
Rnk 155 / 186

About

Italy-Burma Trade: In 2022, Italy exported $76.5M to Burma. The main products that Italy exported to Burma were Tanned Equine and Bovine Hides ($12.5M), Animal Food ($10.5M), and Animal Meal and Pellets ($6.72M). Over the past 5 years the exports of Italy to Burma have decreased at an annualized rate of 12.2%, from $147M in 2017 to $76.5M in 2022.

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

Burma-Italy Trade: In 2022, Burma exported $588M to Italy. The main products that Burma exported to Italy were Trunks and Cases ($117M), Rice ($66.8M), and Non-Knit Women's Coats ($55.9M). Over the past 5 years the exports of Burma to Italy have increased at an annualized rate of 20.4%,  from $160M in 2017 to $588M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B).

Latest Trends

February, 2024

About

Overview In February 2024, Italy exported €1.53M and imported €49.4M from Burma, resulting in a negative trade balance of €47.9M. Between February 2023 and February 2024 the exports of Italy have decreased by €-1.1M (-41.9%) from €2.63M to €1.53M, while imports increased by €11.9M (31.9%) from €37.5M to €49.4M.

Growth In February 2024, the decrease in Italy's year-by-year exports to Burma was explained primarily by an decrease in product exports in . In August 2024, the increase in Italy's year-by-year imports  from Burma was explained primarily by an increase in product imports  in N/A.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (February 2023 - February 2024)€-1.1M(-41.9%)
IMPORT GROWTH (August 2023 - August 2024)€11.9M(31.9%)

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

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

For full datasets download visit Bulk Download page.

Explore Burma and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $76.5M to Burma. The main products exported from Italy to Burma were Tanned Equine and Bovine Hides ($12.5M), Animal Food ($10.5M), and Animal Meal and Pellets ($6.72M). During the last 5 years the exports of Italy to Burma have decreased at an annualized rate of 12.2%, from $147M in 2017 to $76.5M in 2022.

In 2017, Burma exported $588M to Italy. The main products exported from Burma to Italy were Trunks and Cases ($117M), Rice ($66.8M), and Non-Knit Women's Coats ($55.9M). During the last 5 years the exports of Burma to Italy have increased at an annualized rate of 20.4%, from $160M in 2022 to $588M in 2017.

Exports from Italy (Flag) to Burma (Flag) (2022)

Exports from Burma (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Burma
Top DestinationChina$9.62B

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

In 2022, countries that imported more from Italy than Burma included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Burma than Italy included Thailand ($3.48B), Timor-Leste ($1.75M), and Norfolk Island ($251k).

Difference in imports from Burma (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Burma

Flow
Scale

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

During 2022, Italy had a large net trade with Burma in the exports of Machines ($20.8M), Foodstuffs ($17.8M), and Animal Hides ($14.8M).

During 2017, Burma had a large net trade with Italy in the exports of Textiles ($228M), Footwear and Headwear ($132M), and Animal Hides ($118M).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Burma (Flag) (2022)

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