Top Export Trading Partners of Myanmar - Volza

Myanmar's primary export trading partners in 2023 are countries to which it exports goods. Top partners included China (30% of exports, $5.4 billion), Thailand (20%, $3.6 billion), Japan (10%, $1.8 billion), India (8%, $1.44 billion), and United States (6%, $1.08 billion).

Key exports to these countries are natural gas, garments, rice, beans, and seafood. Trade agreements such as the ASEAN Free Trade Area (AFTA) and bilateral agreements with individual countries facilitate smoother trade flows.

Myanmar's GDP growth rate stands at 2.0%, with an inflation rate of 8.5%, influencing its export dynamics and trade policies. Strategic incentives and government support promote a robust trade relationship, making Myanmar a crucial export market for these partners. The country's focus on agricultural and energy sectors, along with its strategic location, significantly influence its export dynamics.