1. Market & Trade Status in Myanmar
ESRI
UMFCCI

2. Country Profile
Myanmar situated in Southeast Asia and covers a total land area of 678,500 sq-km, one of largest mainland country of the region bordering with Bangladesh, India, The People’s Republic of China, Lao and Thailand.

3. Situated in the Southeast Asia Mainland Area 676,577 sq-km
LOCATION & AREA
Situated in the Southeast Asia
Mainland Area 676,577 sq-km
Seven states & Seven Divisions
International Boundaries;
Bangladesh, India, China, Laos, Thailand.
Population
Over 56 million with an annual growth rate of 1.84%.
Race
135 (major 8 races)
GDP
Over US $ 22 billion
Per Capital GDP
Over US $ 400 3

4. Economic & Trade Sector Reforms
Economic reforms practicing liberalization, decentralization, privatization measures.
The dominant market and trade reforms are as follows;
Opening of market and trade.
Private sector’s participation on international trade.
De-control of price.
Abolishment of state procurement system.
Establishment of border trade department.
Resumption of UMFCCI in line with market oriented system.

5. Freer Domestic Market No government intervention.
Free market mechanism.
Mostly private sector handling.
About 57.5 million population & good market potential.
Huge local market.

6. Main Markets
Yangon
Mandalay
Mawlamying
Magawe
Taungyi
Monywa

7. Export Import Policy
To export all exportable products and penetrate various foreign markets
To effectively utilized human and natural resources and penetration of foreign market not only with traditional exports but also more value added commodities.

8. The Growth of Foreign Trade in Market Oriented Economy
The export volume increased by more than 40 times
The import volume by more than 12 times
Trade value increased from about US 400 million dollars in to US billion dollars in
accounting more than 25 times

9. The Role of Foreign Trade
Foreign trade sector performs the highest growth rate –
Main Export Items
natural gas,
garments,
beans and pulses,
some horticultural crops etc…
Main Import Items
all essential items & capital goods

10. Myanmar's Export & Import
Fiscal Year
Export
Import
Balance
(million US$) *
1569
2291
-695 *
2439
2632
-193 *
3063
2300
763 *
2357
2240
117 *
2928
1973
955
3558
1984
1574 *
5223
2295 *
6413
3344
3069
6784
4544
IMF, International Financial Statistics (1952, 1956, 1960, 1966); World Bank, World Data Series (1995) , base year = 1980, *Ministry of Commerce, Yangon, Myanmar (at official rate of exchange). Myanmar's Economic Development, 2006, MNPED.

11. CSO, Selected Monthly Economic Indicators, February: 2009.
% of Export Items ( )
CSO, Selected Monthly Economic Indicators, February: 2009.

12. CSO, Selected Monthly Economic Indicators, February: 2009.
Myanmar's Export
CSO, Selected Monthly Economic Indicators, February: 2009.

13. CSO, Selected Monthly Economic Indicators, February: 2009.
Myanmar's Import
CSO, Selected Monthly Economic Indicators, February: 2009.

14. Myanmar Export Items & Value
Value (Kyat Million)
Gas
Beans & Pulses
3419.4
Garment
1417.9
Teak
1030.3
Hard Wood
988.9
Fish & Fish Products
871.9
Fresh & dried prawns
440.0
Rice
704.3
Base Metal & Ores
128.9
Sesamum seed
160.7
Raw Rubber
110.0
CSO, Selected Monthly Economic Indicators, February: 2009.

15. Border Trade Value from about US 200 million dollars in early 1990s
to US 1.36 billions dollars in
Increased of more than 6 times

16. Myanmar's Trading Countries
(export and import)
The largest exports to:
Thailand
India,
China and
Singapore
The main imports from:
- Singapore
- China,
- Thailand,
- and India

17. Practical Problems Economic sanction since 2003
Difficulties to find new market
Difficult to respond to international demands
Banking constraints.

18. Main Challenges 10% export tax reduce competitive power
Lack of financial support for trade
Inefficient banking system
Over valued exchange rate
Frequent policy changes
Negative impact of eco sanctions
Global financial problems

19. Agricultural products and resource based products
Prospects for Trade
Agricultural products and resource based products
natural gas, the top export item
beans and pulses, the main agricultural export crops (second largest exporter)
maize, sesame, soybean, rubber; horticulture crops, a good potential for future
Fishery products
Mineral products

20. Prospects for Doing Business
Strategic location
- located between South Asia & Southeast Asia
- between most populous countries (China & India)
- Trade, Tourism, Transport, Market, etc… can be expanded.

21. Thank You