Flag Thailand / Burma Flag

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

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

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

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

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

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

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.

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.

Comparison: In 2018, Thailand ranked 28 in the Economic Complexity Index (ECI 0.93), and 22 in total exports ($262B). That same year, Burma ranked 122 in the Economic Complexity Index (ECI -1.24), and 72 in total exports ($20B). N/A

Bilateral Trade by Products

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Depth
Value

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.

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.

Market Competitiveness

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Measure

Thailand
Top Destination
: China, $31B

Burma
Top Destination
: Thailand, $5.27B

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

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

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

Comparative Advantage Thailand - Burma

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Depth

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

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

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

Tariff Section

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

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%).

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%).

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*The tariffs present between Thailand and Burma are:
1: AANZFTA ASEAN - Australia - New Zealand Free Trade Area
136: Most Favoured Nation duty rate treatement
254: Preferential tariff for Least Developed Countries

Trade Forecasts

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This section shows a forecast for total trade between Thailand and Burma. 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.

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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 Thailand has comparative advantage over Burma. Similarly, the more red a dot/product is, the more Burma has comparative advantage over Thailand.