2023
Exports
$2.02MWorld Rnk 138 / 225
Flag Rnk 72 / 94
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$487MWorld Rnk 92 / 226
Flag Rnk 14 / 96
2023
ECONOMIC COMPLEXITY of Burma
-0.91Rnk 108 / 132

About

Exports In 2023, Burma exported $2.02M in Pharmaceutical products, making it the 138th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 72nd most exported product in Burma. The main destination of Pharmaceutical products exports from Burma are: Sri Lanka ($1.87M), Singapore ($30.9k), Bolivia ($28.6k), United States ($26.2k), and Kuwait ($20.2k).

The fastest growing export markets for Pharmaceutical products of Burma between 2022 and 2023 were Sri Lanka ($1.87M), Bolivia ($28.6k), and United States ($15.5k).

Imports In 2023, Burma imported $487M in Pharmaceutical products, becoming the 92nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 14th most imported product in Burma. Burma imports Pharmaceutical products primarily from: India ($177M), Thailand ($68.9M), China ($50.1M), Belgium ($24.9M), and France ($21.9M).

The fastest growing import markets in Pharmaceutical products for Burma between 2022 and 2023 were Belgium ($6.84M), South Korea ($4.84M), and Germany ($4.47M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
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 Pharmaceutical products. 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 (2023)$2.02M
IMPORTS (2023)$487M
NET TRADE (2023)-$485M

In 2023, Burma exported $2.02M in Pharmaceutical products. The main destinations of Burma exports on Pharmaceutical products were Sri Lanka ($1.87M), Singapore ($30.9k), Bolivia ($28.6k), United States ($26.2k), and Kuwait ($20.2k).

In 2023, Burma imported $487M in Pharmaceutical products, mainly from India ($177M), Thailand ($68.9M), China ($50.1M), Belgium ($24.9M), and France ($21.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Burma WERE (2022 - 2023):
Sri Lanka$1.87M (1%)
Bolivia$28.6k (1%)
United States$15.5k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Burma WERE (2022 - 2023):
Spain-$36k (-100%)
Kuwait-$22.1k (-52.3%)
Malaysia-$5.61k (-84%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burma's main exporting competitors in Pharmaceutical products were:
In 2023, Burma's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Pharmaceutical products’s highest export potential is N/A. With an export gap of N/A.   Pharmaceutical products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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