Myanmar-India Bilateral Trade Analysis 2023
Complete trade statistics: $1.67B total volume •Myanmar surplus: $389.31M
Myanmar → India
$1.03B
Exports (2023)
India → Myanmar
$638.50M
Imports (2023)
Trade Balance
$389.31M
Surplus for Myanmar
Total Trade
$1.67B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Myanmar and India. Green line shows exports from Myanmar, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Myanmar-India commercial relationship and competitive positioning in global markets.
Myanmar → India Exports
Export Market Intelligence
🎯 Strategic Export Focus
Myanmar's export portfolio to India demonstrates strategic specialization, with vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried representing a key competitive advantage in this bilateral market.
India → Myanmar Imports
Import Dependency Profile
📦 Import Strategy Analysis
Myanmar's import pattern from India reveals significant dependencyin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Myanmar demonstrates competitive strength in exportingvegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried to India, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.67B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Myanmar-India Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.67 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Myanmar maintains a surplus of $389.31 million
- Export Focus: Myanmar's primary exports include vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried, vegetables, leguminous: pigeon peas (cajanus cajan), shelled, whether or not skinned or split, dried, nuts, edible: areca nuts, fresh or dried, whether or not shelled or peeled
- Import Dependencies: Key imports from India include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, ammunition: n.e.c. in chapter 93, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
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 $1.67B 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 Myanmar leveraging its comparative advantages in vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried.
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
Myanmar's specialization in vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, driedcomplements India's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.67B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.67B 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 $1.67 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Myanmar's trade surplus of $389.31 million strengthens 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 Myanmar and India represents a total trade volume of $1.67 billion in 2023. This partnership demonstrates a favorable trade balance for Myanmar, with exports exceeding importsby $389.31 million.
Export Strengths
Myanmar's exports to India total $1.03 billion, with competitive advantages in vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried, representing $587.95M or57.2% of bilateral exports.
Import Dependencies
Imports from India amount to $638.50 million, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprising21.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Myanmar's competitive position in this bilateral relationship. 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 Myanmar and India in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023