2022
Flag  
GDP
$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP GROWTH
1.79%CURRENT US$
Rnk 163 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$1,096CURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Burma-Italy Trade: In 2022, Burma exported $588M to Italy. The main products that Burma exported to Italy were Trunks and Cases ($117M), Rice ($66.8M), and Non-Knit Women's Coats ($55.9M). Over the past 5 years the exports of Burma to Italy have increased at an annualized rate of 29.7%, from $160M in 2017 to $588M in 2022.

In 2022, Burma did not export any services to Italy.

Italy-Burma Trade: In 2022, Italy exported $76.5M to Burma. The main products that Italy exported to Burma were Tanned Equine and Bovine Hides ($12.5M), Animal Food ($10.5M), and Animal Meal and Pellets ($6.72M). Over the past 5 years the exports of Italy to Burma have decreased at an annualized rate of 8.91%,  from $147M in 2017 to $76.5M in 2022.

In 2022, Italy did not export any services to Burma.

Comparison: In 2022,  Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burma exported $588M to Italy. The main products exported from Burma to Italy were Trunks and Cases ($117M), Rice ($66.8M), and Non-Knit Women's Coats ($55.9M). During the last 5 years the exports of Burma to Italy have increased at an annualized rate of 29.7%, from $160M in 2017 to $588M in 2022.

In 2017, Italy exported $76.5M to Burma. The main products exported from Italy to Burma were Tanned Equine and Bovine Hides ($12.5M), Animal Food ($10.5M), and Animal Meal and Pellets ($6.72M). During the last 5 years the exports of Italy to Burma have decreased at an annualized rate of 8.91%, from $147M in 2022 to $76.5M in 2017.

Exports from Burma (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Burma (Flag) (2022)

Latest Data

Trade between Burma (Flag) and Italy (Flag)

Burma Exports

Italy Exports

Market Competitiveness

Color
Burma
Top Destination
China$9.62B
Italy
Top Destination
Germany$78.5B

This map shows whether countries import more from Burma or Italy. Each country is colored based on the difference in imports they receive from Burma and Italy or the difference in the growth in imports.

In 2022, countries that imported more from Burma than Italy included Thailand ($3.48B), Timor-Leste ($1.75M), and Norfolk Island ($251k).

In 2022, countries that imported more from Italy than Burma included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Burma (Flag) (2022)

Comparative Advantage Burma - Italy

Flow
Scale

This chart compares trade between Burma and Italy by product, considering products traded by both, Burma and Italy.

During 2022, Burma had a large net trade with Italy in the exports of Textiles ($228M), Footwear and Headwear ($132M), and Animal Hides ($118M).

During 2017, Italy had a large net trade with Burma in the exports of Machines ($20.8M), Foodstuffs ($17.8M), and Animal Hides ($14.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burma Italy+N/AN/A
Top Product Potential Italy Burma+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Burma and Italy. This means that a dot/product with the flag of Burma indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Burma.

Product Space of Burma (Flag) and Italy (Flag) (2022)

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