Question: What can I export from Myanmar?

Oil and natural gas dominate Myanmar’s exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar’s main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong.

What we can import from Myanmar?

With the latest MoUs, India has committed to import a total of 350,000 tonnes of tur and 250,000 tonnes of urad this fiscal. On March 19, the government had allowed import of 200,000 tonnes of tur from Mozambique during 2021-22. … Myanmar used to produce about 300,000 tonnes of tur when India was a major buyer.

What sells Myanmar?

The 5 biggest exported goods from Myanmar by value are petroleum gases, unknitted and non-crocheted men’s suits or trousers, dried shelled vegetables, unknitted and non-crocheted women’s clothing and refined copper. Combined, Myanmar’s 5 most valuable exports accounted for 45.8% of the country’s overall exports.

What is the most profitable export?

Searchable List of America’s Most Valuable Export Products

Rank US Export Product 2020 Value (US$)
1 Processed petroleum oils $60,709,450,000
2 Crude oil $50,285,962,000
3 Cars $45,642,596,000
4 Integrated circuits/microassemblies $44,212,664,000
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What are the imports and exports of Myanmar?

Myanmar Exports and Imports of Product Groups 2019

  • Myanmar Raw materials exports are worth US$ 3,249 million, product share of 17.95%.
  • Myanmar Raw materials imports are worth US$ 596 million, product share of 3.20%.
  • Myanmar Intermediate goods exports are worth US$ 3,234 million, product share of 17.86%.

What is Myanmar biggest export?

Oil and natural gas dominate Myanmar’s exports. Its abundant natural resources, labour force, and proximity to Asia’s dynamic economies have attracted foreign investment in the energy, garment, IT, food and beverages sectors. Myanmar’s main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong.

What is Myanmar largest export?

Oil and natural gas dominate Myanmar’s exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar’s main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong.

What products are produced in Myanmar?

Myanmar has abundance natural resources such as petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, marble, limestone, precious stones, natural gas and hydropower. Rice, pulses and beans, oilseeds, fruits and vegetables, sugarcane, hardwood, marine products are produced in Myanmar.

What does Myanmar export to China?

2020. Copper. $626.60M. 2020. Edible fruits, nuts, peel of citrus fruit, melons.

Which product is best for export?

List of profitable products to export from India

  • Precious Stones, Gems and Jewelry. Since ancient times, the land of India has been known for its precious stones and jewelry. …
  • Petroleum Products. …
  • Cereals. …
  • Pharmaceutical Products. …
  • Homeopathy Medicines. …
  • Meat Products. …
  • Traditional Handicrafts. …
  • Dairy Products.
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Which product is in demand for export?

Top 7 Exported Products of India to Start Export Business

No. Product name Percentage
1 Mineral fuels 13.7 %
2 Gems, precious metals 11.4 %
3 Machinery, computers 6.6 %
4 Organic chemicals 5.7 %

How do I choose a product to export?

How to select the right product to export from India

  1. Find Unique Products made in India. What are the products that India is known for? …
  2. Analyse Demand and Supply of the Product in Global Market. …
  3. Select a Country with Steady Demand for your Product. …
  4. Growth Prospects. …
  5. Trade Regulations.

What is the main source of income in Myanmar?

The Myanmar government’s main source of revenue in recent years has been the export of natural gas to Thailand. Another major source has been taxes on domestic and international trade.

What crops are grown in Myanmar?

In terms of Myanmar’s main crop production, it is renowned for its production of rice, sugar cane, and dry beans, among other vegetables. Interestingly, Myanmar was once the biggest exporter of rice in Asia.