HS Icon Rare-Earth Metal Compounds in  Flag Burma

2020
Exports | Imports
: $388M | $46.7k, World Rnk 1 / 68
Flag Rnk 13 / 871 | World Rnk 67 / 134
Flag Rnk 1029 / 1154

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $242M | $2.06k, China |  Singapore

2020
ECONOMIC COMPLEXITY of Burma
: -1.18, Rnk 110 / 127

2020
PRODUCT COMPLEXITY  IN Rare-Earth Metal Compounds
: 0.7, Rnk 279 / 1029

Exports In 2020, Burma exported $388M in Rare-Earth Metal Compounds, making it the 1st largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 13th most exported product in Burma. The main destination of Rare-Earth Metal Compounds exports from Burma are: China ($388M).

The fastest growing export markets for Rare-Earth Metal Compounds of Burma between 2019 and 2020 were China ($242M).

Imports In 2020, Burma imported $46.7k in Rare-Earth Metal Compounds, becoming the 67th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1029th most imported product in Burma. Burma imports Rare-Earth Metal Compounds primarily from: China ($43.2k), Singapore ($2.06k), Japan ($1.34k), and India ($164).

The fastest growing import markets in Rare-Earth Metal Compounds for Burma between 2019 and 2020 were Singapore ($2.06k) and Japan ($1.34k).

Tariffs In 2019, the average tariff for Burma in Rare-Earth Metal Compounds was 2.84%. The countries with the highest import tariffs for Rare-Earth Metal Compounds were Angola (Most Favoured Nation duty rate treatement, 3%), Burundi (Most Favoured Nation duty rate treatement, 3%), Benin (Most Favoured Nation duty rate treatement, 3%), Burkina Faso (Most Favoured Nation duty rate treatement, 3%), and Botswana (Most Favoured Nation duty rate treatement, 3%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Rare-Earth Metal Compounds. 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

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EXPORTS (2020): $388M

IMPORTS (2020): $46.7k

NET TRADE (2020): $388M

In 2020, Burma exported $388M in Rare-Earth Metal Compounds. The main destinations of Burma exports on Rare-Earth Metal Compounds were China ($388M).

In 2020, Burma imported $46.7k in Rare-Earth Metal Compounds, mainly from China ($43.2k), Singapore ($2.06k), Japan ($1.34k), and India ($164).

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THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Burma WERE (2019 - 2020):: China, $242M (166%)

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Market Concentration

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In 2020, Burma's main exporting competitors in Rare-Earth Metal Compounds were:

In 2020, Burma's main importing competitors in Rare-Earth Metal Compounds were:

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