Myanmar is located in South-Eastern Asia, bordering the Andaman Sea and the Bay of Bengal, between Bangladesh and Thailand. The country is classified as a least developed country (LDC).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. Myanmar is a member of the World Trade Organization (WTO) and of the Association of Southeast Asian Nations (ASEAN).
Click here to read about ITC’s work in Myanmar (as of Dec. 2020).
Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.