ASEAN: Regional Trends in Economic Integration, Export ... - USITC
ASEAN: Regional Trends in Economic Integration, Export ... - USITC
ASEAN: Regional Trends in Economic Integration, Export ... - USITC
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BURMA<br />
ECONOMIC PROFILE<br />
<strong>Economic</strong> Indicators<br />
2004 2008<br />
Population (million) 48.0 49.6<br />
Nom<strong>in</strong>al GDP (billion US$) 10.0 22.6<br />
Real GDP growth (%) 13.6 0.9<br />
Goods exports (million US$) 2,927 6,348<br />
Goods imports (million US$) 1,999 3,427<br />
Trade balance (million US$) 928 2,921<br />
GDP per capita (US$ at PPP) 491 435<br />
Inward FDI stock (million US$) 4,791 5,546<br />
Source: Economist Intelligence Unit, Country Report: Burma,<br />
June 2009; United Nations Conference on Trade and<br />
Development, FDISTAT Interactive Database. PPP =<br />
purchas<strong>in</strong>g power parity.<br />
Burma’s trade agreements <strong>in</strong>clude:<br />
• <strong>ASEAN</strong>-Ch<strong>in</strong>a, preferential trade agreement<br />
cover<strong>in</strong>g goods (eff. July 2003);<br />
• <strong>ASEAN</strong>-Ch<strong>in</strong>a, economic <strong>in</strong>tegration agreement<br />
cover<strong>in</strong>g services (eff. July 2007);<br />
• <strong>ASEAN</strong>-Japan, free trade agreement cover<strong>in</strong>g<br />
goods (eff. Dec. 2008); and<br />
• <strong>ASEAN</strong> Free Trade Area (AFTA), free trade<br />
agreement cover<strong>in</strong>g goods (eff. Jan. 1992).<br />
Source: World Trade Organization, <strong>Regional</strong> Trade<br />
Agreements, Burma, http://rtais.wto.org (accessed<br />
March 17, 2010). Eff. = effective.<br />
Sources of GDP (2009)<br />
Industry<br />
19.8%<br />
Services<br />
37.3%<br />
Agriculture<br />
42.9%<br />
Pr<strong>in</strong>cipal imports: fabric, petroleum products,<br />
fertilizer, plastics, mach<strong>in</strong>ery, transport equipment,<br />
cement, construction materials, crude oil, food<br />
products, and edible oil.<br />
Pr<strong>in</strong>cipal exports: natural gas, wood products,<br />
pulses, beans, fish, rice, cloth<strong>in</strong>g, and jade and gems.<br />
Source: U.S. Central Intelligence Agency, The World<br />
Factbook: Burma, March 2010.<br />
Ma<strong>in</strong> trade partners, percent of total, 2007<br />
<strong>Export</strong> markets<br />
Suppliers<br />
Thailand 44.7 Ch<strong>in</strong>a 35.9<br />
India 14.1 Thailand 20.7<br />
Ch<strong>in</strong>a 6.9 S<strong>in</strong>gapore 16.8<br />
Japan 5.6 Malaysia 4.4<br />
Malaysia 2.6 India 3.5<br />
Source: Economist Intelligence Unit, Country Report:<br />
Burma, June 2009.<br />
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