2021
Exports
$3.78kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2021
Imports
$174MWorld Rnk 39 / 217
Flag Rnk 26 / 1149
2022
ECONOMIC COMPLEXITY of Burma
-0.84Rnk 102 / 133

About

Imports In 2022, Burma imported $174M in Raw Iron Bars, becoming the 39th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 26th most imported product in Burma. Burma imports Raw Iron Bars primarily from: China ($59.7M), Oman ($34.9M), Thailand ($33.3M), Malaysia ($30.8M), and South Korea ($5.25M).

The fastest growing import markets in Raw Iron Bars for Burma between 2021 and 2022 were Malaysia ($30.1M), Thailand ($15.8M), and China ($13.7M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$3.78k
IMPORTS (2022)$174M
NET TRADE (2022)-$174M

In 2022, Burma imported $174M in Raw Iron Bars, mainly from China ($59.7M), Oman ($34.9M), Thailand ($33.3M), Malaysia ($30.8M), and South Korea ($5.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Burma WERE (N/A - 2021):
Thailand-$3.52k (-100%)
Japan-$264 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burma's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Burma's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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