How do I export goods from Myanmar?

Can I import goods from Myanmar?

To either export or import goods from Myanmar, a company must register itself with the Directorate of Investment and Company Administration (DICA). … Once registered with the DICA, a company must then register themselves with Myanmar’s Department of Trade (under the Ministry of Commerce).

What are Myanmar’s top 3 exports?

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 are the documents required for export?

10 Documents You’ll Likely Need in Order to Export Your Product Successfully

  • Air Waybill. …
  • Bill of Lading. …
  • Certificate of Conformity. …
  • Certificate of Origin. …
  • Commercial Invoice. …
  • Dock/Warehouse Receipt. …
  • Export License. …
  • Export Packing List.

What can I import to Myanmar?

Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar’s main imports partners are China, Japan, India, Indonesia, Germany, France and Hong Kong.

Who is Myanmar’s biggest trading partner?

Myanmar top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China 5,754 31.78
Thailand 3,257 17.99
Japan 1,436 7.93
United States 835 4.61

Is Myanmar poor or rich?

Myanmar is Asia’s seventh-poorest country. Myanmar’s per capita GDP is $1,207, just above Cambodia’s. About 26% of the population lives in poverty, and poverty is twice as high in rural areas, where about 70% of the population lives.

Is Myanmar richer than Bangladesh?

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Myanmar ranked 71st with $71.2B. By GDP 5-years average growth and GDP per capita, Bangladesh and Myanmar ranked 10th vs 13th and 155th vs 164th, respectively.

Is Myanmar safe now?

Do not travel to Burma due to COVID-19 as well as areas of civil unrest and armed conflict. … The Burmese military has detained and deposed elected government officials. Protests and demonstrations against military rule have occurred and are expected to continue.

What product is Myanmar known for?

Natural gas is Myanmar’s primary export, followed by pulses (mostly dried beans), teak, and minerals and gems. Its principal imports include machinery and equipment, industrial raw materials, and consumer goods.

What is Vietnam’s largest export?

Top 10

  • Electrical machinery, equipment: US$153.5 billion (44.1% of total exports)
  • Machinery including computers: $23.9 billion (6.9%)
  • Footwear: $23.8 billion (6.8%)
  • Clothing, accessories (not knit or crochet): $15.5 billion (4.5%)
  • Furniture, bedding, lighting, signs, prefab buildings: $15.5 billion (4.4%)
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