Italy-Myanmar Bilateral Trade Analysis 2023
Complete trade statistics: $581.77M total volume •Italy deficit: $366.66M
Italy → Myanmar
$107.55M
Exports (2023)
Myanmar → Italy
$474.21M
Imports (2023)
Trade Balance
$366.66M
Deficit for Italy
Total Trade
$581.77M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Italy and Myanmar. Green line shows exports from Italy, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Italy-Myanmar commercial relationship and competitive positioning in global markets.
Italy → Myanmar Exports
Export Market Intelligence
🎯 Strategic Export Focus
Italy's export portfolio to Myanmar demonstrates strategic specialization, with helicopters: of an unladen weight exceeding 2000kg representing a key competitive advantage in this bilateral market.
Myanmar → Italy Imports
Import Dependency Profile
📦 Import Strategy Analysis
Italy's import pattern from Myanmar reveals significant dependencyin cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Italy demonstrates competitive strength in exportinghelicopters: of an unladen weight exceeding 2000kg to Myanmar, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $581.77M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Italy-Myanmar Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $581.77 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Italy maintains a deficit of $366.66 million
- Export Focus: Italy's primary exports include helicopters: of an unladen weight exceeding 2000kg, flours, meals and pellets: of meat or meat offal, greaves, dog or cat food: (not put up for retail sale), used in animal feeding
- Import Dependencies: Key imports from Myanmar include cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials, anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted), anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $581.77M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Italy leveraging its comparative advantages in helicopters: of an unladen weight exceeding 2000kg.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Italy's specialization in helicopters: of an unladen weight exceeding 2000kgcomplements Myanmar's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $581.77M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $581.77M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $581.77 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in helicopters: of an unladen weight exceeding 2000kg and cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Italy's trade deficit of $366.66 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Italy and Myanmar represents a total trade volume of $581.77 million in 2023. This partnership demonstrates an unfavorable trade balance for Italy, with imports exceeding exportsby $366.66 million.
Export Strengths
Italy's exports to Myanmar total $107.55 million, with competitive advantages in helicopters: of an unladen weight exceeding 2000kg, representing $37.29M or34.7% of bilateral exports.
Import Dependencies
Imports from Myanmar amount to $474.21 million, highlighting economic interdependence in cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials, with Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of sheeting of plastics or of textile materials comprising12.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Italy's strategic sourcing from Myanmar. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Italy and Myanmar in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023