On February 1, 2021, the Burmese military overthrew the democratically elected civilian government of Burma in a coup d’état. Since then, Burmese security forces have engaged in brutal violence against the people of Burma. In response to the coup and oppression of the Burmese people, on March 29, 2021, United States Trade Representative Katherine Tai announced the suspension of all U.S. diplomatic engagement, meetings, and cooperation with Burma under the U.S.-Burma Trade and Investment Framework Agreement (TIFA). The suspension will remain in effect until the return of a democratically elected government in Burma.
For more information on the Administration’s actions in response to the coup in Burma, please refer to the White House fact sheet.
Economic and Trade Statistics
In 2020, Burma GDP was an estimated $70.9 billion (current market exchange rates); real GDP was up by an estimated 2.0 percent; and the population was 53 million. (Source: IMF)
Burma is currently our 85th largest goods trading partner with $1.4 billion in total (two way) goods trade during 2020. Goods exports totaled $339 million; goods imports totaled $1.0 billion. The U.S. goods trade deficit with Burma was $688 million in 2020.
According to the Department of Commerce, U.S. exports of goods to Burma supported an estimated 2 thousand jobs in 2019 (latest data available).
• Burma was the United States' 101st largest goods export market in 2020.
• U.S. goods exports to Burma in 2020 were $339 million, down 2.3 percent ($8 million) from 2019 but up 3,412 percent from 2010.
• The top export categories (2-digit HS) in 2020 were: food waste, animal feed ($100 million), plastics ($44 million), vehicles ($37 million), cereals (wheat) ($31 million), and oilseeds and oleaginous fruits (soybeans) ($24 million).
• U.S. total exports of agricultural products to Burma totaled $166 million in 2020. Leading domestic export categories include: soybean meal ($88 million), wheat ($28 million), distillers grains ($14 million), soybeans ($14 million), and other feeds, meals and fodders ($6 million).
• Burma was the United States' 71st largest supplier of goods imports in 2020.
• U.S. goods imports from Burma totaled $1.0 billion in 2020, up 25.0 percent ($206 million) from 2019, there were no imports in 2010.
• The top import categories (2-digit HS) in 2020 were: leather products ($301 million), woven apparel ($192 million), knit apparel ($142 million), footwear ($93 million), and electrical machinery ($47 million).
• U.S. total imports of agricultural products from Burma totaled $18 million in 2020. Leading categories include: pulses ($8 million), baked goods, cereals, and pasta ($1 million), sugars, sweeteners, beverages bases ($1 million), processed fruit and vegetables ($756 thousand), and tree nuts ($645 thousand).
• The U.S. goods trade deficit with Burma was $688 million in 2020, a 45.0 percent increase ($214 million) over 2019.
• Data on U.S. FDI in Burma are not available.
• Data on Burma's FDI in the U.S. are not available.
NOTE: No services trade data with Burma are available.