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, USTR 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.
Burma Trade Summary
U.S. goods trade with Burma totaled an estimated $734 million in 2024. U.S. goods exports to Myanmar in 2024 were $77 million, down 55.3 percent ($95.3 million) from 2023. U.S. goods imports from Myanmar totaled $656.5 million in 2024, down 23.5 percent ($201.1 million) from 2023. The U.S. goods trade deficit with Myanmar was $579.3 million in 2024, a 15.5 percent decrease ($105.8 million) over 2023.
