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27 September 2024
Kunal
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Key Indicators
Overview
Myanmar Import Trade Overview
Introduction:
Myanmar, with its strategic location in Southeast Asia, relies heavily on imports to support its growing consumer market and various industries. This opens significant avenues for global exporters to meet the country's burgeoning needs in sectors like consumer goods, machinery, and technology.
Economic Overview:
Myanmar's economy is dominated by sectors such as agriculture, textiles, and natural resources, but there is a growing emphasis on industrialization and modernization, which increases its reliance on imported goods. Despite political and economic challenges, imports remain a substantial component of the GDP.
Political and Regulatory Environment:
Myanmar's political landscape has experienced volatility, which has influenced its economic policies and stability. Recent political changes have led to fluctuations in import regulations, affecting trade dynamics significantly. This environment presents both challenges and opportunities for international trade.
Opportunities and Challenges for Exporters:
Exporters can find opportunities in supplying industrial machinery, electrical equipment, and essential consumer goods. However, they must navigate complex regulatory changes, potential sanctions, and the risks associated with an unpredictable political climate.
Top 10 Import Products:
- Refined Petroleum (HS code: 2710) - Critical for energy needs.
- Motor Vehicles (HS code: 8703) - Increasing demand in transport sector.
- Pharmaceuticals (HS code: 3004) - Essential for improving healthcare.
- Iron and Steel (HS code: 7201) - Infrastructure development.
- Mobile Phones (HS code: 8517) - Growing telecommunications market.
- Wheat (HS code: 1001) - Food security and processing.
- Machinery (HS code: 8479) - Industrial and manufacturing growth.
- Edible Oil (HS code: 1507) - Cooking and food industry.
- Computers (HS code: 8471) - Technology and education sectors.
- Fabrics (HS code: 5903) - Textile industry supply.
Top Buyers:
TISSUE WORLD MANUFACTURING & TRADING CO., LTD., LUCKY MOON STAR CO., LTD., AUTO MOTION CO., LTD
Solution for Global Exporters:
To effectively navigate Myanmar’s import market, global exporters should utilize Volza’s online import data. This tool offers in-depth insights into trade dynamics and market trends, helping exporters quickly identify and seize opportunities. Visit Volza for comprehensive and timely market analysis to streamline your export strategies.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Import Data
Myanmar
Import Data
Import Data
1,428,813 Bill of Ladings, 16,615 Buyers & 12,402 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Search Import Export Data
Reach out to the Myanmar Import market Identify verified and active business partners in Myanmar
Myanmar Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
PIPE SPARE PARTS / ACCESSORIES / COMPONENT / ASSEMBLY BRAKE REAR |   India | 30-04-2024 | |
TUBE SPARE PARTS / ACCESSORIES / COMPONENT / ASSEMBLY SUPPORT BACKREST | India | 30-04-2024 | |
LEVER SPARE PARTS / ACCESSORIES / COMPONENT / ASSEMBLY BRAKE PARKING | India | 30-04-2024 | |
LAMP ENGINE CABIN RE COMPACT | India | 30-04-2024 | |
SPARE PARTS / ACCESSORIES / COMPONENT / ASSEMBLY ASSLY KNOB MTG BKT WITH CONTROL | India | 30-04-2024 | |
OLIVE 001 DF BALL PEN 1200 PCS PENS X 5 | India | 30-04-2024 |
Top 10 Importers
Myanmar Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Myanmar. To assist you in identifying the leading importers in Myanmar, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Myanmar are companies like TAN CHONG MOTOR MYANMAR CO LTD, SUZUKI THILAWA MOTOR CO LTD , and SUZUKI MYANMAR MOTOR CO LTD. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Myanmar Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 148,465 | |
2 | 42,526 | |
3 | 17,963 | |
4 | 12,971 | |
5 | 12,956 | |
6 | 12,788 | |
7 | 12,767 | |
8 | 10,319 | |
9 | 10,221 | |
10 | 9,301 |
Data Source : Volza Import Data
Top 10 Import Products
Myanmar Top 10 Import Products
As the Myanmar import data reveals, the nation's top import products for 2024 were prominently characterized by:- Used Plastic: 50.89%
- Automobile Component: 16.94%
- Presenter Box: 9.40%
- Wheelers Component: 8.81%
- Automotive Door: 6.19%
- Automotive Wiring Harness: 3.11%
- Bumper Cover: 1.98%
- Locking Plate: 1.39%
- Component For Shock Absorber: 1.22%
- Plant Holder: 0.06%
Myanmar Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | Used Plastic | 12,342,496 |
2 | Automobile Component | 4,108,511 |
3 | PRESENTER BOX | 2,280,631 |
4 | WHEELERS COMPONENT | 2,137,048 |
5 | Automotive Door | 1,502,115 |
6 | Automotive Wiring Harness | 753,445 |
7 | Bumper Cover | 480,666 |
8 | Locking Plate | 336,229 |
9 | Component for Shock Absorber | 296,389 |
10 | Plant Holder | 14,960 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Myanmar
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Myanmar Top 1 Import Trading Partners
Myanmar trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 889,167).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Myanmar had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Myanmar import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Myanmar’s major imports from India include Used Plastic, PRESENTER BOX, Automobile Component, WHEELERS COMPONENT, Locking Plate, Automotive Door, Automotive Wiring Harness, Bumper Cover, Component for Shock Absorber, Plant Holder, products. The provided chart below breaks down the values in percentile of Myanmar’s top 1 import partners for 2024.
Myanmar Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Myanmar Import Data Sample record
Myanmar import data covers all important shipping details that are essential for businesses to find importers in Myanmar, analyze market trends and identify potential industries. Myanmar trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Myanmar import data sample with complete number of fields available in data.
Myanmar Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 87089900
- Quantity:
- 100
- Quantity Unit:
- UNT
- Value FC:
- 189
- Value:
- HS Descirption:
- PARTS AND ACCESSORIES OF THE MOTOR VEHICLES OF headings 8701 TO 8705
- Exporter:
- BAJAJ AUTO LTD
- Importer:
- KURALKAN BILISIM OTOMOTIV SANAYI VE DIS TICARET ANONIM SIRKETI
Data Source : Volza Import Data
Myanmar Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Myanmar Top 10 Import Ports
Myanmar's global import trade operates through over 10 ports. Yangon stands as the predominant port, handling 787,880 import shipments, which constitutes a 88.73% market share. Laem Chabang follows with an 4.38% share, accounting for 38,889 shipments, while Mmtla contributes a 3.77% market share with its 33,478 shipments. For detailed import trade statistics of each port in Myanmar, refer to the provided links below. Collectively, these ports underscore the integrated nature of Myanmar's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Myanmar.
Myanmar Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Myanmar
- 1,428,813
- Date
- 30-04-2024
- Shipper Name
- PRECISION CF ENGINEERING CO LTD
- Consignee Name
- BAJAJ AUTO LTD
- Weight Unit
- NOS
- Quantity
- 100
- Shipment Origin
- India
- Port of origin
- Jnpt