Burma
U.S. Trade with Burma in 2023
Export Market Rank
#62 Among U.S. Agricultural Export Markets
Total Export Value
$125.9 Million
3-Year Average
$101 Million
Compound Average Growth
22.5% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Burma in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $77.04 Million | 143,499 | $54.66 Million | 1494% |
| Wheat | $32.66 Million | 93,172 | $14.52 Million | 530% |
| Soybeans | $5.59 Million | 9,265 | $7.47 Million | --- |
| Distillers Grains | $4.21 Million | 11,687 | $7.29 Million | 1938% |
| Food Preparations | $2.2 Million | 77 | $1.5 Million | 262% |
| Other Intermediate Products | $963,765 | 18 | $1.76 Million | -66% |
| Other Feeds, Meals & Fodders | $733,976 | 528 | $2.4 Million | 338% |
| Eggs & Products | $648,094 | --- | $284,892 | --- |
| Dextrins, Peptones, & Proteins | $630,228 | 39 | $801,594 | 1445% |
| Dairy Products | $483,379 | 494 | $1.27 Million | -48% |
Data and Analysis
The Burmese military regime is intervening in the rice market to control higher prices. The regime detained dozens of domestic and foreign rice merchants and representatives from supermarkets and has pledged to prosecute traders who were selling rice...
Exporters and importers continue to face much uncertainty due to the military regime’s foreign currency control policies and continuing conflict between the regime and ethnic armed forces. FAS Rangoon forecasts Burma’s MY 2024/25 rice exports to recover to 1.7 MMT amid high stocks and expected relaxation of export controls. MY 2024/25 corn exports and wheat imports will remain flat.
Over the last two years Burma’s foreign exchange restrictions, and the repeated changes to them, have adversely affected the country’s imports and exports.
News and Features
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from current and potential U.S. exporters for a trade mission to Vietnam, Sept. 9-13, 2024. Participants will attend events in Ho Chi Minh City and Hanoi, and will also have the opportunity to engage with visiting buyers from Burma (Myanmar), Cambodia and Thailand.
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.
CONTACT: press@fas.usda.gov or (202) 720-7115 WASHINGTON, Oct. 11, 2019 – When Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney leads a U.S. Department of Agriculture trade mission to Vietnam Oct. 15-18, he’ll be accompanied by...