Flag United States / Burma Flag

2020
Flag → Flag
Exports
: $381M, Rnk 101 / 218

2020
Flag → Flag
Top Product
: $80.2M, Soybean Meal

2020
Flag → Flag
Exports
: $1.14B, Rnk 5 / 159

2020
Flag → Flag
Top Product
: $322M, Trunks and Cases

2020
Flag
Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
Flag
Economic Complexity (ECI)
: ECI -1.18, Rnk 110 / 127

2020
Flag  
GDP
: $20.9T, CURRENT US$
Rnk 1 / 204

2010-2020
Flag
GDP GROWTH
: 38.8%, CURRENT US$
Rnk 78 / 204

2020
Flag
 GDP
: $78.9B, CURRENT US$
Rnk 67 / 204

2010-2020
Flag
GDP GROWTH
: 109%, CURRENT US$
Rnk 16 / 204

2020
Flag
GDP PC 
: $63,028, CURRENT US$
Rnk 9 / 204

2010-2020
Flag
GDP PC GROWTH
: 29.6%, CURRENT US$
Rnk 65 / 204

2020
Flag
GDP PC
: $1,451, CURRENT US$
Rnk 169 / 204

2010-2020
Flag
GDP PC GROWTH
: 94.2%, CURRENT US$
Rnk 10 / 204

United States-Burma In 2020, United States exported $381M to Burma. The main products that United States exported to Burma are Soybean Meal ($80.2M), Cars ($34.9M), and Wheat ($29.9M). During the last 25 years the exports of United States to Burma have increased at an annualized rate of 13.6%, from $15.8M in 1995 to $381M in 2020.

In 2020, United States did not export any services to Burma.

Burma-United States In 2020, Burma exported $1.14B to United States. The main products that Burma exported to United States were Trunks and Cases ($322M), Felt or Coated Fabric Garments ($67.3M), and Leather Footwear ($55.9M). During the last 25 years the exports of Burma to United States have increased at an annualized rate of 10.9%, from $85.3M in 1995 to $1.14B in 2020.

In 2020, Burma did not export any services to United States.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Burma ranked 110 in the Economic Complexity Index (ECI -1.18), and 69 in total exports ($19.4B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, United States exported $381M to Burma. The main products exported from United States to Burma were Soybean Meal ($80.2M), Cars ($34.9M), and Wheat ($29.9M). During the last 25 years the exports of United States to Burma have increased at an annualized rate of 13.6%, from $15.8M in 1995 to $381M in 2020.

In 2020, Burma exported $1.14B to United States. The main products exported from Burma to United States were Trunks and Cases ($322M), Felt or Coated Fabric Garments ($67.3M), and Leather Footwear ($55.9M). During the last 25 years the exports of Burma to United States have increased at an annualized rate of 10.9%, from $85.3M in 1995 to $1.14B in 2020.

Market Competitiveness

#permalink to section
Measure

United States
Top Destination
: Canada, $218B

Burma
Top Destination
: China, $5.37B

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

In 2019, countries that imported more from United States than Burma were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Burma than United States were Guam ($758k).

Comparative Advantage United States - Burma

#permalink to section
Flow
Scale

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

During 2020, United States had a large net trade with Burma in the exports of Foodstuffs ($107M), Plastics and Rubbers ($60.9M), and Vegetable Products ($57.4M).

During 2020, Burma had a large net trade with United States in the exports of Textiles ($404M), Animal Hides ($329M), and Footwear and Headwear ($135M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Burma. Similarly, the more yellow a dot/product is, the more Burma has comparative advantage over United States.