Flag United States / Burma Flag

Exports Flag β†’ Flag  (2018): $319M, Rnk 111 / 215

Top Product Flag β†’ Flag (2018): $44.9M, Soybean Meal

Exports Flag β†’ Flag (2018): $671M, Rnk 5 / 144

Top Product Flag β†’ Flag (2018): $139M, Trunks and Cases

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

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

United States-Burma: In 2018, United States exported $319M to Burma. The main products exported from United States to Burma were Soybean Meal ($44.9M), Vinyl Chloride Polymers ($30.5M), and Oil Seed Flower ($21.6M). During the last 23 years the exports of United States to Burma have increased at an annualized rate of 14%, from $15.8M in 1995 to $319M in 2018.

Burma-United States: In 2018, Burma exported $671M to United States. The main products exported from Burma to United States were Trunks and Cases ($139M), Precious Stones ($74.7M), and Planes, Helicopters, and/or Spacecraft ($50.1M). During the last 23 years the exports of Burma to United States have increased at an annualized rate of 9.37%, from $85.5M in 1995 to $671M in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). 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, United States exported $319M to Burma. The main products exported from United States to Burma were Soybean Meal ($44.9M), Vinyl Chloride Polymers ($30.5M), and Oil Seed Flower ($21.6M). During the last 23 years the exports of United States to Burma have increased at an annualized rate of 14%, from $15.8M in 1995 to $319M in 2018.

In 2018, Burma exported $671M to United States. The main products exported from Burma to United States were Trunks and Cases ($139M), Precious Stones ($74.7M), and Planes, Helicopters, and/or Spacecraft ($50.1M). During the last 23 years the exports of Burma to United States have increased at an annualized rate of 9.37%, from $85.5M in 1995 to $671M in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Burma
Top Destination
: Thailand, $5.27B

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 2018, countries that imported more from United States than Burma were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Burma than United States were Andorra ($6.8M).

Comparative Advantage United States - Burma

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Depth

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

During 2018, United States had a large net trade with Burma in the exports of Foodstuffs ($75.8M), Plastics and Rubbers ($57.5M), and Machines ($52.1M).

During 2018, Burma had a large net trade with United States in the exports of Textiles ($249M), Animal Hides ($139M), and Precious Metals ($74.9M).

Tariff Section

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

In 2018, the products from United States that paid the highest import tariffs to enter Burma were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2015, the products from Burma that paid the highest import tariffs to enter United States were Undenatured ethyl alcohol > 80% by volume (40%) and Spirits obtained by distilling grape wine, grape marc (40%).

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*The tariffs present between United States and Burma are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
388: United States Generalized System of Preference
388: United States Generalized System of Preference
389: United States GSP for Least Developed Countries
389: United States GSP for Least Developed Countries

Trade Forecasts

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