2022
Exports | Imports
$7.15M | $5.21BWorld Rnk 144 / 214
Flag Rnk 152 / 834
World Rnk 53 / 225
Flag Rnk 1 / 1149
2022
ECONOMIC COMPLEXITY of Burma
-0.96Rnk 103 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Burma exported $7.15M in Refined Petroleum, making it the 144th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 152nd most exported product in Burma. The main destination of Refined Petroleum exports from Burma are: South Africa ($4.73M), China ($1.13M), United States ($1.12M), Singapore ($98.7k), and South Korea ($30.5k).

The fastest growing export markets for Refined Petroleum of Burma between 2021 and 2022 were South Africa ($1.37M), United States ($1.12M), and China ($838k).

Imports In 2022, Burma imported $5.21B in Refined Petroleum, becoming the 53rd 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 ($3.55B), Thailand ($733M), Malaysia ($662M), China ($182M), and United Arab Emirates ($26M).

The fastest growing import markets in Refined Petroleum for Burma between 2021 and 2022 were Singapore ($1.6B), Thailand ($231M), and Malaysia ($175M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Burma to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Refined Petroleum. 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)$7.15M
IMPORTS (2022)$5.21B
NET TRADE (2022)-$5.2B

In 2022, Burma exported $7.15M in Refined Petroleum. The main destinations of Burma exports on Refined Petroleum were South Africa ($4.73M), China ($1.13M), United States ($1.12M), Singapore ($98.7k), and South Korea ($30.5k).

In 2022, Burma imported $5.21B in Refined Petroleum, mainly from Singapore ($3.55B), Thailand ($733M), Malaysia ($662M), China ($182M), and United Arab Emirates ($26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Burma WERE (2021 - 2022):
South Africa$1.37M (40.8%)
United States$1.12M (1%)
China$838k (284%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Burma WERE (2021 - 2022):
Singapore-$608k (-86%)
Vietnam-$45.6k (-100%)
Nepal-$20.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burma's main exporting competitors in Refined Petroleum were:
In 2022, Burma's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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