2023
Exports
$1.66MWorld Rnk 96 / 190
Flag Rnk 235 / 809
2023
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 976 / 1025
2023
Imports
$57.7MWorld Rnk 21 / 222
Flag Rnk 75 / 1137
2023
ECONOMIC COMPLEXITY of Burma
-0.91Rnk 108 / 132

About

Exports In 2023, Burma exported $1.66M in Packing Bags, making it the 96th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 235th most exported product in Burma. The main destination of Packing Bags exports from Burma are: Thailand ($976k), Finland ($342k), Australia ($172k), China ($81.1k), and Denmark ($32.5k).

The fastest growing export markets for Packing Bags of Burma between 2022 and 2023 were Denmark ($32.4k), New Zealand ($11.5k), and Lithuania ($7.66k).

Imports In 2023, Burma imported $57.7M in Packing Bags, becoming the 21st largest importer of Packing Bags in the world. At the same year, Packing Bags was the 75th most imported product in Burma. Burma imports Packing Bags primarily from: China ($33.4M), Thailand ($12.8M), Vietnam ($11.4M), India ($142k), and Hong Kong ($39.5k).

The fastest growing import markets in Packing Bags for Burma between 2022 and 2023 were Thailand ($233k), Chinese Taipei ($1.41k), and United Arab Emirates ($486).

Latest Trends

Dec 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 Packing Bags. 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 (2023)$1.66M
IMPORTS (2023)$57.7M
NET TRADE (2023)-$56.1M

In 2023, Burma exported $1.66M in Packing Bags. The main destinations of Burma exports on Packing Bags were Thailand ($976k), Finland ($342k), Australia ($172k), China ($81.1k), and Denmark ($32.5k).

In 2023, Burma imported $57.7M in Packing Bags, mainly from China ($33.4M), Thailand ($12.8M), Vietnam ($11.4M), India ($142k), and Hong Kong ($39.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Burma WERE (2022 - 2023):
Denmark$32.4k (17k%)
New Zealand$11.5k (373%)
Lithuania$7.66k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Burma WERE (2022 - 2023):
Norway-$1.23M (-98%)
Thailand-$194k (-16.6%)
Australia-$185k (-51.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burma's main exporting competitors in Packing Bags were:
China $1.42B
India $1.14B
In 2023, Burma's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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