United States (USA) and Burma (MMR) Trade | The Observatory of Economic Complexity

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United States (USA) and Burma (MMR) Trade

2022

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Exports $187MRnk 137 / 219

2022

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About

United States-Burma Trade: In 2022, United States exported $187M to Burma. The main products that United States exported to Burma were Soybean Meal ($40M), Planes, Helicopters, and/or Spacecraft ($33M), and Wheat ($24.4M). Over the past 5 years the exports of United States to Burma have decreased at an annualized rate of 20.3%, from $581M in 2017 to $187M in 2022.

In 2022, United States did not export any services to Burma.

Burma-United States Trade: In 2022, Burma exported $1.15B to United States. The main products that Burma exported to United States were Trunks and Cases ($227M), Felt or Coated Fabric Garments ($66.4M), and Leather Footwear ($51.6M). Over the past 5 years the exports of Burma to United States have increased at an annualized rate of 19.8%, from $464M in 2017 to $1.15B in 2022.

In 2022, Burma did not export any services to United States.

Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B).

Company data: In 2023, leading companies such as H&M Clothing (532), David's Bridal (203), and Adidas (109) were at the forefront of exporting goods from Burma to the United States. Conversely, Maersk Logistics & Services Myanmar (410), Other (181), and Kbl Fashion Limited (137) were notable for importing products to Burma from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $3.04M and imported $62.6M from Burma, resulting in a negative trade balance of $59.5M. Between August 2023 and August 2024 the exports of United States have decreased by $-5.45M (-64.2%) from $8.49M to $3.04M, while imports decreased by $-24.9M (-28.5%) from $87.5M to $62.6M.

Trade In August 2024, the top exports of United States to Burma were Oil Seed Flower ($14.5M), Soybean Meal ($3.48M), Wheat ($1.04M), Vitamins ($827k), and Soybeans ($589k). In August 2024 the top imports of United States from Burma were Trunks and Cases ($16.5M), Knitted Hats ($8.16M), Non-Knit Women's Suits ($5.46M), Felt or Coated Fabric Garments ($5.35M), and Knit Babies' Garments ($5.27M).

Origins In August 2024 the exports of United States were mainly from California ($756k), Minnesota ($604k), New York ($555k), Illinois ($367k), and Ohio ($194k), while imports destinations were mainly California ($17.6M), New Jersey ($7.47M), New York ($5.01M), Maine ($4.14M), and Texas ($3.97M).

Growth In August 2024, the decrease in United States's year-by-year exports to Burma was explained primarily by an decrease in product exports in Other Edible Preparations ($-154k or -63.9%), Chemical Analysis Instruments ($-39.4k or -36%), and Laboratory Reagents ($-21.6k or -37.5%). In August 2024, the decrease in United States's year-by-year imports from Burma was explained primarily by an decrease in product imports in Leather Footwear ($-4.48M or -77.9%), Textile Footwear ($-2.71M or -62.2%), and Non-Knit Men's Shirts ($-1.96M or -76.8%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)$-5.45M(-64.2%)

IMPORT GROWTH (August 2023 - August 2024)$-24.9M(-28.5%)

MAIN EXPORTER (August 2024)California$756k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Burma and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $187M to Burma. The main products exported from United States to Burma were Soybean Meal ($40M), Planes, Helicopters, and/or Spacecraft ($33M), and Wheat ($24.4M). During the last 5 years the exports of United States to Burma have decreased at an annualized rate of 20.3%, from $581M in 2017 to $187M in 2022.

In 2017, Burma exported $1.15B to United States. The main products exported from Burma to United States were Trunks and Cases ($227M), Felt or Coated Fabric Garments ($66.4M), and Leather Footwear ($51.6M). During the last 5 years the exports of Burma to United States have increased at an annualized rate of 19.8%, from $464M in 2022 to $1.15B in 2017.

Exports from United States () to Burma () (2022)

Exports from Burma () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Burma
Top DestinationChina$9.62B

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

In 2022, countries that imported more from United States than Burma included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Burma than United States included Norfolk Island ($251k) and Guam ($3.52k).

Difference in imports from Burma () and United States () (2022)

Comparative Advantage United States - Burma

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Burma in the exports of Foodstuffs ($51.5M), Vegetable Products ($35M), and Transportation ($34.9M).

During 2017, Burma had a large net trade with United States in the exports of Textiles ($438M), Animal Hides ($233M), and Footwear and Headwear ($178M).

Economic Complexity

Competitive Landscape

Year

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

Product Space of United States () and Burma () (2022)

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