The country is classified as a least developed country (LDC). Oil and natural gas dominate Myanmar’s exports.
What is Myanmar main source of income?
The Myanmar government’s main source of revenue in recent years has been the export of natural gas to Thailand. Another major source has been taxes on domestic and international trade.
What are the top 3 exports?
These are the top US exports
- Top U.S. goods exports.
- Food, beverage and feed: $133 billion. …
- Crude oil, fuel and other petroleum products: $109 billion. …
- Civilian aircraft and aircraft engines: $99 billion. …
- Auto parts, engines and car tires: $86 billion. …
- Industrial machines: $57 billion.
- Passenger cars: $53 billion.
Is Myanmar poor or rich?
For the 2020 estimate, GDP per capita in Myanmar will be USD $5142.20 in PPP per capita and USD $1,608.50 in nominal per capita. This will make Myanmar one of the poorest countries in Southeast Asia.
What crops are grown in Myanmar?
Myanmar’s agricultural industry can be divided into three sectors: crop production, livestock, and fishing. In terms of Myanmar’s main crop production, it is renowned for its production of rice, sugar cane, and dry beans, among other vegetables. Interestingly, Myanmar was once the biggest exporter of rice in Asia.
What are the major imports and exports of Myanmar?
Top 5 Products exports imports at HS 6 digit level 2019
Myanmar exported Copper cathodes and sections of cathodes unwrou , worth US$ 803,531.74 million. Myanmar exported Prec or semi-prec stones (o/t diamonds) unwkd o , worth US$ 778,374.05 million. Myanmar exported Dried beans, shelled , worth US$ 762,001.85 million.
What are Myanmar’s top 3 exports?
The 5 biggest exported goods from Myanmar by value are petroleum gases, unknitted and non-crocheted men’s suits or trousers, dried shelled vegetables, unknitted and non-crocheted women’s clothing and refined copper.