Best answer: What does Myanmar import from India?

What is exported from India to Myanmar?

India’s export to Myanmar includes mustard seeds, pulses and beans, fresh vegetables, fruits and soya bean. On the other hand, India supply clothes, shoes, medicines, woolens and engineering goods to Myanmar. Export process from India to Myanmar and other countries is almost same worldwide.

What are Myanmar Major imports?

Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar’s main imports partners are China, Japan, India, Indonesia, Germany, France and Hong Kong.

What are the items import from India?

Have a look at the top eight imported products of India!

  • Oil.
  • Precious stones.
  • Electronics.
  • Heavy machinery.
  • Organic chemicals.
  • Plastics.
  • Animal and vegetable oil.
  • Iron and Steel.

Which country imports the most from India?

Distribution of India’s imports in financial year 2020, by leading country or region of origin

Characteristic Share of imports
China 13.75%
United States 7.55%
United Arab Emirates 6.38%
Saudi Arabia 5.66%

What is Myanmar biggest export?

Oil and natural gas dominate Myanmar’s exports. Its abundant natural resources, labour force, and proximity to Asia’s dynamic economies have attracted foreign investment in the energy, garment, IT, food and beverages sectors. Myanmar’s main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong.

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What is Myanmar largest export?

Oil and natural gas dominate Myanmar’s exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar’s main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong.

What are Myanmar’s top 3 exports?

The 5 biggest exported goods from Myanmar by value are petroleum gases, unknitted and non-crocheted men’s suits or trousers, dried shelled vegetables, unknitted and non-crocheted women’s clothing and refined copper. Combined, Myanmar’s 5 most valuable exports accounted for 45.8% of the country’s overall exports.

What does Myanmar Import Export?

Myanmar Exports and Imports of Product Groups 2019

Myanmar Raw materials exports are worth US$ 3,249 million, product share of 17.95%. Myanmar Raw materials imports are worth US$ 596 million, product share of 3.20%. Myanmar Intermediate goods exports are worth US$ 3,234 million, product share of 17.86%.

What is the main industry in Myanmar?

Natural gas is Myanmar’s primary export, followed by pulses (mostly dried beans), teak, and minerals and gems. Its principal imports include machinery and equipment, industrial raw materials, and consumer goods.

What is India’s main export?

Exports The top exports of India are Refined Petroleum ($39.2B), Diamonds ($22.5B), Packaged Medicaments ($15.8B), Jewellery ($14.1B), and Cars ($7.15B), exporting mostly to United States ($55.3B), United Arab Emirates ($28.6B), China ($17.4B), Hong Kong ($11.5B), and Singapore ($9.53B).

What is most imported product in India?

An in-depth look into India’s top 10 imported commodities

  • Crude petroleum. Crude petroleum was India’s top import in 2020-21. …
  • Gold. …
  • Petroleum products. …
  • Coal, coke and briquettes. …
  • Pearl, precious and semi-precious stones. …
  • Electronic components. …
  • Telecom instruments. …
  • Organic chemicals.
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What is exported from India?

India’s major exports included petroleum products, gems and jewelry, and drug formulations. … Other major exports include spices, tea, coffee, tobacco in agriculture, along with iron and steel. In the IT industry, IT services had the largest export revenue in fiscal year 2019.

What are the top 3 imports of India?

India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic …

Who is India’s biggest trade partner?

NEW DELHI: The US has overtaken China as India’s largest trading partner, thanks to faster growth during the first nine months of 2021. Data collated by the commerce department showed that during January-September, two-way trade between India and the US jumped 50% to $28 billion.

What is India’s share in world export?

According to a report by the WTO’s Committee on Trade and Development, India’s share in merchandise exports by developing countries dropped to 3.6% in 2020 from 3.9% in 2018, while its share in merchandise imports by developing countries fell to 5.2% from 6.4%.