What does the US get from Myanmar?

U.S. total imports of agricultural products from Burma totaled $18 million in 2020. Leading categories include: pulses ($8 million), baked goods, cereals, and pasta ($1 million), sugars, sweeteners, beverages bases ($1 million), processed fruit and vegetables ($756 thousand), and tree nuts ($645 thousand).

What does the US trade with Myanmar?

Two-way trade between the two countries doesn’t amount to much: Myanmar last year was the United States’ 84th biggest partner in the trade of goods such as automobiles and machinery. U.S. goods exports to Burma came to just $338 million; imports to $1 billion.

What are the main exports of Myanmar?

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.

What food does Myanmar export?

Its food processing sector consists mainly of sugar, beer, soft drinks, instant coffee, etc. Burma also exports rice and frozen seafood. However, most food products produced in Burma are sold in the domestic market. Some of the popular local products are candies, ice cream, bakery products, and nutritional supplements.

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Is the major product of the 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 the main import of Myanmar?

In the long-term, the Myanmar Imports is projected to trend around 1620.00 USD Million in 2022, according to our econometric models. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery.

What products come from Myanmar?

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 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 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%.

Does Myanmar import food?

In 2017, food imports for Myanmar was 14.6 %. Though Myanmar food imports fluctuated substantially in recent years, it tended to increase through 1968 – 2017 period ending at 14.6 % in 2017.

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What does China buy from Myanmar?

Myanmar has imported the majority of its commodities from China since 2001. China’s imports mostly consist of equipment metal products vehicles and telecommunication equipment. Myanmar’s main source of FDI (Foreign Direct Investment) is China, which contributed $ 21 billion in March 2020.

What resources does Myanmar have?

Today, Myanmar’s natural resources include oil and gas, various minerals, precious stones and gems, timber and forest products, hydropower potential, etc. Of these, natural gas, rubies, jade, and timber logs are the most valuable and currently provide a substantial proportion of national income.

What does Myanmar export to China?

2020. Copper. $626.60M. 2020. Edible fruits, nuts, peel of citrus fruit, melons.