Myanmar-Thailand Bilateral Trade Analysis 2023
Complete trade statistics: $7.93B total volume •Myanmar deficit: $880.49M
Myanmar → Thailand
$3.53B
Exports (2023)
Thailand → Myanmar
$4.41B
Imports (2023)
Trade Balance
$880.49M
Deficit for Myanmar
Total Trade
$7.93B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Myanmar and Thailand. 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-Thailand commercial relationship and competitive positioning in global markets.
Myanmar → Thailand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Myanmar's export portfolio to Thailand demonstrates strong diversification across multiple sectors, with petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas representing a key competitive advantage in this bilateral market.
Thailand → Myanmar Imports
Import Dependency Profile
📦 Import Strategy Analysis
Myanmar's import pattern from Thailand reveals strategic sourcingin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Myanmar demonstrates competitive strength in exportingpetroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas to Thailand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $7.93B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Myanmar-Thailand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $7.93 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Myanmar maintains a deficit of $880.49 million
- Export Focus: Myanmar's primary exports include petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, floating or submersible drilling or production platforms, cereals: maize (corn), other than seed
- Import Dependencies: Key imports from Thailand include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured, non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009
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 $7.93B 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 petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas.
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 petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gascomplements Thailand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $7.93B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $7.93B 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 $7.93 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Myanmar's trade deficit of $880.49 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 Myanmar and Thailand represents a total trade volume of $7.93 billion in 2023. This partnership demonstrates an unfavorable trade balance for Myanmar, with imports exceeding exportsby $880.49 million.
Export Strengths
Myanmar's exports to Thailand total $3.53 billion, with competitive advantages in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, representing $1.93B or54.6% of bilateral exports.
Import Dependencies
Imports from Thailand amount to $4.41 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising13.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Myanmar's strategic sourcing from Thailand. 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 Thailand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023