Flag Burma / Thailand Flag

Exports Flag β†’ Flag  (2018): $5.27B, Rnk 1 / 144

Top Product Flag β†’ Flag (2018): $4.41B, Petroleum Gas

Exports Flag β†’ Flag (2018): $4.67B, Rnk 16 / 217

Top Product Flag β†’ Flag (2018): $456M, Refined Petroleum

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

Economic Complexity of Flag (2018): ECI 0.93, Rnk 28 / 137

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

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

GDP Flag (2018): $505B, CURRENT US$
Rnk 25 / 196

GDP GROWTH Flag (2008-2018): 73.3%, CURRENT US$
Rnk 51 / 196

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

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

GDP PC Flag (2018): $7,274, CURRENT US$
Rnk 91 / 196

GDP PC GROWTH Flag (2008-2018): 66.1%, CURRENT US$
Rnk 31 / 196

Burma-Thailand: In 2018, Burma exported $5.27B to Thailand. The main products exported from Burma to Thailand were Petroleum Gas ($4.41B), Refined Copper ($179M), and Non-fillet Fresh Fish ($106M). During the last 23 years the exports of Burma to Thailand have increased at an annualized rate of 15.1%, from $207M in 1995 to $5.27B in 2018.

Thailand-Burma: In 2018, Thailand exported $4.67B to Burma. The main products exported from Thailand to Burma were Refined Petroleum ($456M), Raw Sugar ($320M), and Flavored Water ($201M). During the last 23 years the exports of Thailand to Burma have increased at an annualized rate of 12%, from $347M in 1995 to $4.67B in 2018.

Comparison: In 2018, Burma ranked 122 in the Economic Complexity Index (ECI -1.24), and 72 in total exports ($20B). That same year, Thailand ranked 28 in the Economic Complexity Index (ECI 0.93), and 22 in total exports ($262B). In terms of GDP Per Capita, Burma was ranked 165 with a GDP Per Capita of $1,326, and Thailand was ranked 91 with a GDP Per Capita of $7,274.

Bilateral Trade by Products

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Depth
Value

In 2018, Burma exported $5.27B to Thailand. The main products exported from Burma to Thailand were Petroleum Gas ($4.41B), Refined Copper ($179M), and Non-fillet Fresh Fish ($106M). During the last 23 years the exports of Burma to Thailand have increased at an annualized rate of 15.1%, from $207M in 1995 to $5.27B in 2018.

In 2018, Thailand exported $4.67B to Burma. The main products exported from Thailand to Burma were Refined Petroleum ($456M), Raw Sugar ($320M), and Flavored Water ($201M). During the last 23 years the exports of Thailand to Burma have increased at an annualized rate of 12%, from $347M in 1995 to $4.67B in 2018.

Market Competitiveness

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Measure

Burma
Top Destination
: Thailand, $5.27B

Thailand
Top Destination
: China, $31B

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

In 2018, countries that imported more from Burma than Thailand were Guinea ($57M) and Andorra ($6.8M).

In 2018, countries that imported more from Thailand than Burma were United States ($29.3B), China ($31B), and Japan ($24.9B).

Comparative Advantage Burma - Thailand

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Depth

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

During 2018, Burma had a large net trade with Thailand in the exports of Mineral Products ($4.46B), Animal Products ($262M), and Metals ($246M).

During 2018, Thailand had a large net trade with Burma in the exports of Foodstuffs ($1.07B), Machines ($686M), and Mineral Products ($586M).

Tariff Section

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

In 2015, the products from Burma that paid the highest import tariffs to enter Thailand were Fireworks (10%) and Military weapons: artillery weapons (e.g. guns, howitzers, and mortars) (10%).

In 2015, the products from Thailand that paid the highest import tariffs to enter Burma were Milk powder < 1.5% fat (216%) and Raw silk (not thrown) (216%).

Explore Tariff Data

*The tariffs present between Burma and Thailand are:
1: AANZFTA ASEAN - Australia - New Zealand Free Trade Area
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Burma and Thailand. 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 Burma has comparative advantage over Thailand. Similarly, the more red a dot/product is, the more Thailand has comparative advantage over Burma.