2023
Flag  
GDP
$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 154 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$1,233CURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP PC GROWTH
2.84%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Burma-Italy Trade: In 2023, Burma exported $478M to Italy. The main products that Burma exported to Italy were Trunks and Cases ($79.4M), Non-Knit Women's Coats ($62.3M), and Non-Knit Men's Coats ($56.2M). Over the past 5 years the exports of Burma to Italy have increased at an annualized rate of 8.49%, from $318M in 2018 to $478M in 2023.

In 2023, Burma did not export any services to Italy.

Italy-Burma Trade: In 2023, Italy exported $109M to Burma. The main products that Italy exported to Burma were Planes, Helicopters, and/or Spacecraft ($37.3M), Animal Meal and Pellets ($15.3M), and Animal Food ($10.8M). Over the past 5 years the exports of Italy to Burma have decreased at an annualized rate of 4.21%,  from $141M in 2018 to $109M in 2023.

In 2023, Italy did not export any services to Burma.

Comparison: In 2023,  Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burma exported $478M to Italy. The main products exported from Burma to Italy were Trunks and Cases ($79.4M), Non-Knit Women's Coats ($62.3M), and Non-Knit Men's Coats ($56.2M). During the last 5 years the exports of Burma to Italy have increased at an annualized rate of 8.49%, from $318M in 2018 to $478M in 2023.

In 2018, Italy exported $109M to Burma. The main products exported from Italy to Burma were Planes, Helicopters, and/or Spacecraft ($37.3M), Animal Meal and Pellets ($15.3M), and Animal Food ($10.8M). During the last 5 years the exports of Italy to Burma have decreased at an annualized rate of 4.21%, from $141M in 2023 to $109M in 2018.

Exports from Burma (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Burma (Flag) (2023)

Latest Data

Trade between Burma (Flag) and Italy (Flag)

Burma Exports

Italy Exports

Market Competitiveness

Color
Burma
Top Destination
China$6.97B
Italy
Top Destination
Germany$71.4B

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

In 2023, countries that imported more from Burma than Italy included Thailand ($3.44B) and Timor-Leste ($680k).

In 2023, countries that imported more from Italy than Burma included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Burma (Flag) (2023)

Comparative Advantage Burma - Italy

Flow
Scale

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

During 2023, Burma had a large net trade with Italy in the exports of Textiles ($234M), Footwear and Headwear ($110M), and Animal Hides ($79.7M).

During 2018, Italy had a large net trade with Burma in the exports of Transportation ($38.3M), Foodstuffs ($26.6M), and Machines ($18.2M).

Economic Complexity

Competitive Landscape

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

Product Space of Burma (Flag) and Italy (Flag) (2023)

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