Refined Petroleum in Burma

EXPORTS (2018): $290M, World Rnk 83 / 198
Flag Rnk 15 / 786

TOP DESTINATION (2018): $265M, China

FASTEST GROWING MARKET (2017 - 2018): $263M, China

IMPORTS (2018): $2.82B, World Rnk 56 / 221
Flag Rnk 1 / 1161

TOP ORIGIN (2018): $1.79B, Singapore

FASTEST GROWING ORIGIN (2017 - 2018): $332M, Thailand

ECONOMIC COMPLEXITY of Burma (2018): -1.24, Rnk 122 / 137

Overview: This page contains the latest trade data of Refined Petroleum in Burma.

Exports: In 2018, Burma exported $290M in Refined Petroleum, making it the 83rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 15th most exported product in Burma. The main destination of Refined Petroleum exports from Burma are: China ($265M), Malaysia ($13.2M), Singapore ($11.5M), Belgium-Luxembourg ($77.3k), and Iceland ($18.1k).

The fastest growing export markets for Refined Petroleum of Burma between 2017 and 2018 were China ($263M), Malaysia ($13.2M), and Singapore ($11.5M).

Imports: In 2018, Burma imported $2.82B in Refined Petroleum, becoming the 56th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Burma. Burma imports Refined Petroleum primarily from: Singapore ($1.79B), Thailand ($456M), India ($215M), China ($166M), and Malaysia ($139M).

The fastest growing import markets in Refined Petroleum for Burma between 2017 and 2018 were Thailand ($332M), India ($168M), and China ($68M).

Tariffs: In 2015, the average tariff for Burma in Refined Petroleum was 1.47%. The countries with the highest import tariffs for Refined Petroleum were Brunei (1.5%), Indonesia (1.5%), Cambodia (1.5%), Laos (1.5%), and Malaysia (1.5%).

Value

EXPORTS (2018): $290M

IMPORTS (2018): $2.82B

NET TRADE (2018): -$2.53B

In 2018, Burma exported $290M in Refined Petroleum. The main destinations of Burma exports on Refined Petroleum were China ($265M), Malaysia ($13.2M), Singapore ($11.5M), Belgium-Luxembourg ($77.3k), and Iceland ($18.1k).

In 2018, Burma imported $2.82B in Refined Petroleum, mainly from Singapore ($1.79B), Thailand ($456M), India ($215M), China ($166M), and Malaysia ($139M).

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IN 2018, Burma HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • China, $99.5M ($265M - $166M)
  • Iceland, $18.1k ($18.1k - $0)

IN 2018, Burma HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • Singapore, -$1.78B ($11.5M - $1.79B)
  • Thailand, -$456M ($1.25k - $456M)
  • India, -$215M ($1.45k - $215M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Burma WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Burma WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Burma's main exporting competitors in Refined Petroleum were:

In 2018, Burma's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Burma. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2015, the average tariff for Burma in Refined Petroleum was 1.47%.

The countries with the highest tariffs for Refined Petroleum in Burma were Brunei (1.5%), Indonesia (1.5%), Cambodia (1.5%), Laos (1.5%), and Malaysia (1.5%).

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