• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 1,305.88mn
Bilateral trade in 2020-21

US$ 8.99mn

FDI inflows from April 2000 to March 2021

2,009,207
Overseas Indians living in Myanmar

ASEAN

Myanmar is the only ASEAN country adjoining India and is the gateway to South East Asia.

Energy

Myanmar is an important partner in the energy sector as future offshore gas finds can be piped to India. A US$ 6bn Oil Refinery project was proposed by India in October 2020.

Regulation

Myanmar has introduced substantial improvements in starting a business, infrastructure and financial regulation

Culture

India and Myanmar share close cultural ties and a sense of deep kinship, given India's Buddhist heritage.

Economy

Myanmar's GDP is expected to expand by 6.6 per cent in 2019 and 6.8 per cent in 2020 as per the Asian Development Bank.

India's Exports and Imports to Myanmar

Values in US$ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 773.24 1,070.65 1,107.89 966.19 1,205.60
2 %Growth 38.46 3.48 -12.79 24.78
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.25 0.41 0.4 0.32 0.37
6 IMPORT 1,231.54 984.27 1,067.25 639.64 521.49
7 %Growth -20.08 8.43 -40.07 -18.47
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0.27 0.26 0.28 0.14 0.1
11 TOTAL TRADE 2,004.78 2,054.92 2,175.14 1,605.84 1,727.10
12 %Growth 2.5 5.85 -26.17 7.55
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.26 0.32 0.33 0.21 0.2
16
TRADE BALANCE
86.38 40.64 326.55 684.11
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

 

Indo-Myanmar Chamber of Commerce & Industries

/

+91-22-66602236, 66607738

Visit Website

C/o Industrial Boilers Ltd, 701 - C, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai - 400 018

Ministry of Commerce, the Republic of Union of Myanmar

+95-67-4082665, 4082121

Visit Website

Building 3, Nay Pyi Taw, The Republic of the Union of Myanmar

Embassy of India, Yangon

;

+95-1-388412, 243972

Visit Website

545-547 Merchant St
Kyauktada Township
Yangon

Consulate General of India, Mandalay

,

+95-2-80355, 81019

Visit Website

Ta-1/25, 65th street, Corner of Ngu War Street, Chan Mya Thazi Township, Myothit, Mandalay, Myanmar

Consulate General of India, Sittwe

+95-43-2022918, 2022919

Visit Website

No. 4, Myin Pying Kwin Street, Pyi Daw Thar Quarter, Sittwe, Rakhine State, Myanmar – 07011

Opportunities

Agricultural exports

Minerals

    Production: 3,830.697 tonnes (October 2018 to September 2019)

    monrec.gov.mm

    Production: 126,364.38 tonnes (October 2018 to September 2019)
    Export: US$ 94.986 million (Myanmar Kyats 143,931.844 million)

    monrec.gov.mm

    Production: 17,71,628 tonnes (2019)

    monrec.gov.mm

    Production: 3,602,000 Barrels (2018)

    csostat.gov.mm

    Production: Ruby, Jade, Sapphire – 35,143.547 thousand kilos (October 2018 to September 2019)

    monrec.gov.mm

    Production: 229.348018 kg (October 2018 – September 2019)

    monrec.gov.mm

    Production: 42,220 tonnes (2019)
    Export: US$0.87 million (Kyats 13,23.27 million)

    monrec.gov.mm

    Production: 58,237 tonnes (2019)
    Export: US$ 1.284 million (Kyats 1964.301 million)

    monrec.gov.mm

    Production: 11,056,710.191 tonnes (2019)

    monrec.gov.mm

    Production: 640,427.40 million cubic feet (2018)
    Export: US$ 3513.2 million

    csostat.gov.mm

    Petroleum Coke
    Production: 11,205 tonnes (September 2018)

    csostat.gov.mm

    Production: 613.697 tonnes (October 2018 to September 2019)
    Export: Myanmar Kyats 419.599 million

    monrec.gov.mm

    Production: 26,822.5 tonnes (Oct 2018 to Sept 2019)

    monrec.gov.mm

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Myanmar
  • Sugars & Sugar Confectionery
  • Pharmaceuticals
  • Vehicles other than railway
  • Cotton & yarn
  • Garment & textiles
  • Iron & Steel
  • Nuclear Reactors, Boiler, Machinery & parts
  • Electrical Machinery & Equipment
India's top export to Myanmar
  • Edible vegetables & certain roots & tubers (beans & pulses)
  • Wood & articles
  • Aircraft, spacecraft and parts
  • Lead and Articles
  • Fish, meat & preparations
  • Inorganic and Organic Chemicals (Aluminum & Zinc)
  • Nuclear reactors, boilers, machinery and mechanical appliances;

Bilateral Investors

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