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Myanmar (Burma)

Burma (Myanmar) ranked No. 100 in total trade value through February with a total of $158.32 million. Exports totaled $54.06 million and Imports totaled $104.26 million, a deficit of $50.2 million.

January – February 2019

Top Trading Ports

Total Trade: $158.32 million

RankPortTotal YTD
1Port of Los Angeles $42,352,336
2Port of Newark $20,608,056
3John F. Kennedy International Airport $15,644,382
4Dallas-Fort Worth International Airport, Texas $11,337,649
5Port of Long Beach $7,464,631
6Port of Savannah, Ga. $7,358,319
7Port of Jacksonville, Fla. $7,338,629
8Port of Virginia $6,729,570
9Port of Houston $5,435,237
10Port of Seattle, Wash. $3,154,183

U.S. trade with Myanmar (Burma) rose to $158.32 million through February

Myanmar (Burma)’s trade with the United States rose to $158.32 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 53.34 percent above its total trade during the same time period last year. Myanmar (Burma)’s exports increased 40.81 percent while imports rose 60.76 percent. The U.S. deficit with Myanmar (Burma) was $50.2 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Newark; No. 3 John F. Kennedy International Airport; No. 4 Dallas-Fort Worth International Airport, Texas; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Port of Los Angeles No. 2 Port of Newark No. 3 Port of Jacksonville, Fla. No. 4 Port of Virginia and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 61.53 percent of Myanmar (Burma)’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles rose 9.76 percent to $42.35 million.
    Exports fell 15.81 percent to $9.81 million. Imports rose 20.83 percent to $32.54 million.
  • Trade with No. 2 Port of Newark rose 118.26 percent to $20.61 million.
    Exports rose 374.63 percent to $1.13 million. Imports rose 111.6 percent to $19.47 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 194.78 percent to $15.64 million.
    Exports rose 46.44 percent to $783,837. Imports rose 211.42 percent to $14.86 million.
  • Trade with No. 4 Dallas-Fort Worth International Airport, Texas rose 1663.13 percent to $11.34 million.
    Exports rose 2630.51 percent to $10.71 million. Imports rose 150.18 percent to $627,458.
  • Trade with No. 5 Port of Long Beach rose 194.93 percent to $7.46 million.
    Exports rose 49.96 percent to $3.35 million. Imports rose 1280.76 percent to $4.12 million.

Myanmar (Burma) ranked No. 100 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 111.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Myanmar (Burma) by value through February were the categories of Civilian aircraft, parts; Soybean oilcake, other solid residue, not ground; Flour, meal of oil seed, olea fruit; Plastics; and Wheat, respectively. They accounted for 56.05 percent of total exports to Myanmar (Burma).

The value of the top five categories of U.S. imports from Myanmar (Burma) –– Travel goods, including handbags, wallets, jewelry; Precious stones; Women’s or girls’ suits, not knit; Athletic, other textile shoes; and Garments, of felt –– accounted for 53.14 percent of all inbound shipments.

Looking more closely at U.S. exports to Myanmar (Burma):

  • Civilian aircraft, parts rose 226.01 percent compared to last year to $10.46 million.
  • Soybean oilcake, other solid residue, not ground fell 19.68 percent compared to last year to $6.71 million.
  • Flour, meal of oil seed, olea fruit rose 22.03 percent compared to last year to $4.85 million.
  • Plastics rose 88.93 percent compared to last year to $4.58 million.
  • Wheat rose 188.95 percent compared to last year to $3.71 million.

Looking more closely at U.S. imports from Myanmar (Burma):

  • Travel goods, including handbags, wallets, jewelry rose 42.72 percent compared to last year to $26.96 million.
  • Precious stones rose 432.37 percent compared to last year to $13.5 million.
  • Women’s or girls’ suits, not knit rose 19.3 percent compared to last year to $5.9 million.
  • Athletic, other textile shoes rose 352.96 percent compared to last year to $4.54 million.
  • Garments, of felt rose 95.9 percent compared to last year to $4.51 million.

In the latest annual figures available, Myanmar (Burma) recorded $577.16 million in trade with the United States. At year’s end, its were Los Angeles; New York City; Seattle; Jacksonville/Tampa; and Atlanta/Savannah. Total U.S. exports to Myanmar (Burma) were $ 211.08 million and imports from Myanmar (Burma) were $366.07 million. The U.S. deficit with Myanmar (Burma) was $154.99 million.