Myanmar-Italy Bilateral Trade Analysis 2023
Complete trade statistics: $581.77M total volume •Myanmar surplus: $366.66M
Myanmar → Italy
$474.21M
Exports (2023)
Italy → Myanmar
$107.55M
Imports (2023)
Trade Balance
$366.66M
Surplus for Myanmar
Total Trade
$581.77M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Myanmar and Italy. 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-Italy commercial relationship and competitive positioning in global markets.
Myanmar → Italy Exports
Export Market Intelligence
🎯 Strategic Export Focus
Myanmar's export portfolio to Italy demonstrates strategic specialization, 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 representing a key competitive advantage in this bilateral market.
Italy → Myanmar Imports
Import Dependency Profile
📦 Import Strategy Analysis
Myanmar's import pattern from Italy reveals significant dependencyin helicopters: of an unladen weight exceeding 2000kg, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Myanmar demonstrates competitive strength in exportingcases 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 to Italy, 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: Myanmar-Italy Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $581.77 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Myanmar maintains a surplus of $366.66 million
- Export Focus: Myanmar's primary exports 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)
- Import Dependencies: Key imports from Italy 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
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 Myanmar leveraging its comparative advantages 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.
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 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 materialscomplements Italy's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in helicopters: of an unladen weight exceeding 2000kg.
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 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 and helicopters: of an unladen weight exceeding 2000kg demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Myanmar's trade surplus of $366.66 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 Italy represents a total trade volume of $581.77 million in 2023. This partnership demonstrates a favorable trade balance for Myanmar, with exports exceeding importsby $366.66 million.
Export Strengths
Myanmar's exports to Italy total $474.21 million, with competitive advantages 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, representing $56.86M or12.0% of bilateral exports.
Import Dependencies
Imports from Italy amount to $107.55 million, highlighting economic interdependence in helicopters: of an unladen weight exceeding 2000kg, with Helicopters: of an unladen weight exceeding 2000kg comprising34.7% 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 Italy in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023