Goods imports in Myanmar
Myanmar: Goods imports was 13.69 billion BoP, current US$ in 2019. ◆ Volatile
Latest (2019)
13.69 billion BoP, current US$
Change on year
down 10.0%
World rank
99th
of 200 countries
All-time high
15.58 billion BoP, current US$
in 2017
All-time low
214.67 million BoP, current US$
in 1976
Years of data
44
1976–2019
Goods imports in Myanmar, 1976–2019
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Myanmar recorded 13.69 billion BoP, current US$ for goods imports in 2019.
The figure is down 10.0% on the previous year and up 313.0% over ten years.
Over the whole period, goods imports in Myanmar peaked at 15.58 billion BoP, current US$ in 2017 and was at its lowest, 214.67 million BoP, current US$, in 1976.
That places Myanmar 99th out of 200 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Myanmar, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 214.67 million BoP, current US$ | — |
| 1977 | 310.08 million BoP, current US$ | +44.4% |
| 1978 | 501.66 million BoP, current US$ | +61.8% |
| 1979 | 739.20 million BoP, current US$ | +47.4% |
| 1980 | 795.72 million BoP, current US$ | +7.6% |
| 1981 | 870.65 million BoP, current US$ | +9.4% |
| 1982 | 922.59 million BoP, current US$ | +6.0% |
| 1983 | 735.34 million BoP, current US$ | -20.3% |
| 1984 | 570.12 million BoP, current US$ | -22.5% |
| 1985 | 512.86 million BoP, current US$ | -10.0% |
| 1986 | 620.95 million BoP, current US$ | +21.1% |
| 1987 | 452.74 million BoP, current US$ | -27.1% |
| 1988 | 370.18 million BoP, current US$ | -18.2% |
| 1989 | 304.32 million BoP, current US$ | -17.8% |
| 1990 | 524.26 million BoP, current US$ | +72.3% |
| 1991 | 301.53 million BoP, current US$ | -42.5% |
| 1992 | 636.21 million BoP, current US$ | +111.0% |
| 1993 | 1.26 billion BoP, current US$ | +98.2% |
| 1994 | 1.47 billion BoP, current US$ | +16.3% |
| 1995 | 1.76 billion BoP, current US$ | +19.7% |
| 1996 | 1.87 billion BoP, current US$ | +6.4% |
| 1997 | 2.11 billion BoP, current US$ | +12.7% |
| 1998 | 2.45 billion BoP, current US$ | +16.4% |
| 1999 | 2.16 billion BoP, current US$ | -11.9% |
| 2000 | 2.14 billion BoP, current US$ | -1.1% |
| 2001 | 1.99 billion BoP, current US$ | -6.9% |
| 2002 | 1.61 billion BoP, current US$ | -19.3% |
| 2003 | 1.57 billion BoP, current US$ | -2.1% |
| 2004 | 1.75 billion BoP, current US$ | +11.3% |
| 2005 | 1.52 billion BoP, current US$ | -13.2% |
| 2006 | 2.07 billion BoP, current US$ | +36.3% |
| 2007 | 2.65 billion BoP, current US$ | +28.2% |
| 2008 | 2.97 billion BoP, current US$ | +11.7% |
| 2009 | 3.32 billion BoP, current US$ | +11.8% |
| 2010 | 3.86 billion BoP, current US$ | +16.4% |
| 2011 | 7.49 billion BoP, current US$ | +94.2% |
| 2012 | 7.63 billion BoP, current US$ | +1.8% |
| 2013 | 9.52 billion BoP, current US$ | +24.8% |
| 2014 | 11.90 billion BoP, current US$ | +25.0% |
| 2015 | 13.77 billion BoP, current US$ | +15.7% |
| 2016 | 12.81 billion BoP, current US$ | -7.0% |
| 2017 | 15.58 billion BoP, current US$ | +21.6% |
| 2018 | 15.21 billion BoP, current US$ | -2.4% |
| 2019 | 13.69 billion BoP, current US$ | -10.0% |
Myanmar compared with similar countries
- Myanmar's 13.69 billion BoP, current US$ is above the median for lower middle income countries, which is 9.23 billion BoP, current US$, 1.5× the median. (47 countries reporting)
- Myanmar's 13.69 billion BoP, current US$ is above the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 1.6× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 441.40 million BoP, current US$ | 214.67 million BoP, current US$ | 739.20 million BoP, current US$ | 4 |
| 1980s | 615.55 million BoP, current US$ | 304.32 million BoP, current US$ | 922.59 million BoP, current US$ | 10 |
| 1990s | 1.45 billion BoP, current US$ | 301.53 million BoP, current US$ | 2.45 billion BoP, current US$ | 10 |
| 2000s | 2.16 billion BoP, current US$ | 1.52 billion BoP, current US$ | 3.32 billion BoP, current US$ | 10 |
| 2010s | 11.15 billion BoP, current US$ | 3.86 billion BoP, current US$ | 15.58 billion BoP, current US$ | 10 |
Countries ranked near Myanmar
- 96 Cote d'Ivoire 15.34 billion BoP, current US$ compare
- 97 Iran 15.21 billion BoP, current US$ compare
- 98 Tanzania 14.20 billion BoP, current US$ compare
- 100 Uruguay 13.55 billion BoP, current US$ compare
- 101 Cyprus 12.65 billion BoP, current US$ compare
- 102 Nepal 12.14 billion BoP, current US$ compare
More economy & growth data for Myanmar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.01 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.10 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.95 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 20.1 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 14.13 % change on previous year (2023)
Frequently asked questions
- What is goods imports in Myanmar?
- Goods imports in Myanmar was 13.69 billion BoP, current US$ in 2019, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Myanmar?
- The highest recorded value was 15.58 billion BoP, current US$ in 2017.
- What is the lowest goods imports recorded in Myanmar?
- The lowest recorded value was 214.67 million BoP, current US$ in 1976.
- How does Myanmar rank for goods imports?
- Myanmar ranks 99th out of 200 countries with data for 2019.
- Is goods imports rising or falling in Myanmar?
- Over the last ten years it is up 313.0%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.