2022
Exports
$90.7kWorld Rnk 105 / 200
Flag Rnk 88 / 94
2022
PRODUCT COMPLEXITY IN Musical instruments
1.43Rnk 66 / 1025
2022
Imports
$5.24MWorld Rnk 75 / 224
Flag Rnk 86 / 96
2022
ECONOMIC COMPLEXITY of Burma
-0.84Rnk 102 / 133

About

Exports In 2022, Burma exported $90.7k in Musical instruments, making it the 105th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 88th most exported product in Burma. The main destination of Musical instruments exports from Burma are: Singapore ($59.2k), China ($13.6k), United States ($7.45k), Norway ($4.24k), and Thailand ($3.06k).

The fastest growing export markets for Musical instruments of Burma between 2021 and 2022 were Singapore ($59.2k), China ($13.6k), and United States ($7.45k).

Imports In 2022, Burma imported $5.24M in Musical instruments, becoming the 75th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 86th most imported product in Burma. Burma imports Musical instruments primarily from: China ($3.34M), Malaysia ($1.28M), Japan ($197k), Indonesia ($186k), and Singapore ($57.8k).

The fastest growing import markets in Musical instruments for Burma between 2021 and 2022 were China ($1.72M), Malaysia ($505k), and Japan ($135k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Musical instruments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$90.7k
IMPORTS (2022)$5.24M
NET TRADE (2022)-$5.15M

In 2022, Burma exported $90.7k in Musical instruments. The main destinations of Burma exports on Musical instruments were Singapore ($59.2k), China ($13.6k), United States ($7.45k), Norway ($4.24k), and Thailand ($3.06k).

In 2022, Burma imported $5.24M in Musical instruments, mainly from China ($3.34M), Malaysia ($1.28M), Japan ($197k), Indonesia ($186k), and Singapore ($57.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Burma WERE (2021 - 2022):
Singapore$59.2k (312k%)
China$13.6k (1%)
United States$7.45k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Burma WERE (2021 - 2022):
Thailand-$40.7k (-93%)
Spain-$25.3k (-100%)
India-$10.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burma's main exporting competitors in Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, Burma's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Musical instruments’s highest export potential is N/A. With an export gap of N/A.   Musical instruments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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