Overview In December 2022, United States exported $14.4M and imported $67.6M from Burma, resulting in a negative trade balance of $53.3M. Between December 2021 and December 2022 the exports of United States have increased by $4.52M (45.9%) from $9.83M to $14.4M, while imports decreased by $-12.3M (-15.4%) from $80M to $67.6M.
Trade In December 2022, the top exports of United States to Burma were Soybean Meal ($3.25M), Electric Generating Sets ($419k), Oil Seed Flower ($398k), Other Edible Preparations ($241k), and Scented Mixtures ($212k). In December 2022 the top imports of United States from Burma were Trunks and Cases ($12.5M), Leather Footwear ($5.75M), Felt or Coated Fabric Garments ($5.21M), Textile Footwear ($4.35M), and Surveying Equipment ($3.33M).
Origins In December 2022 the exports of United States were mainly from Texas ($3.69M), Kansas ($2.96M), Illinois ($1.67M), Virginia ($972k), and Georgia ($969k), while imports destinations were mainly California ($12.6M), New York ($9.15M), Florida ($8.36M), Georgia ($5.96M), and Texas ($4.62M).
Growth In December 2022, the increase in United States's year-by-year exports to Burma was explained primarily by an increase in product exports in Oil Seed Flower ($154k or 63.3%), Other Edible Preparations ($118k or 95.2%), and Plastic Housewares ($87.9k or 2.22k%). In December 2022, the decrease in United States's year-by-year imports from Burma was explained primarily by an decrease in product imports in Trunks and Cases ($-10.5M or -45.6%), Leather Footwear ($-1.97M or -25.5%), and Knit Women's Undergarments ($-1.27M or -46.3%).