Myanmar SMEs’ Participation in ASEAN and East Asian Regional Economic Integration – with a Focus on Processed Food and Apparel Manufacturing
Bernhardt, Thomas; De, S Kanay; Dickenson-Jones, Giles | August 2016
During the past couple of years, Myanmar has seen high growth rates of both its exports and imports, reflecting the country’s dynamic re-integration into the international economy. This has significantly been driven by regional trade. ASEAN is an important market for Myanmar’s exports; around 43% of Myanmar’s exports are destined for other ASEAN countries. This is the second-highest share among all ASEAN member states. Moreover, Myanmar sources about 41% of all its imports from other ASEAN countries, the third-highest share within ASEAN. In fact, Myanmar recorded the second-fastest growth of ASEAN imports among all ten ASEAN members between 2005 and 2013. On the export side, however, Myanmar’s ASEAN export growth rate was only the sixth-highest. This has led to Myanmar’s ASEAN trade balance turning from a surplus in 2005 to a deficit in 2013. All in all, Myanmar’s share in total intra-ASEAN exports is still extremely small at around 1%. Moreover, in per capita terms, Myanmar’s ASEAN trade is still very low.
CitationBernhardt, Thomas; De, S Kanay; Dickenson-Jones, Giles. 2016. Myanmar SMEs’ Participation in ASEAN and East Asian Regional Economic Integration – with a Focus on Processed Food and Apparel Manufacturing. © Center for Economic and Social Development. http://hdl.handle.net/11540/6675.
Regional development bank
Asian Development Bank
Trade And Development
Food Security And Trade
Communication in rural development
Labor and globalization
Regional trading blocs
Foreign trade and employment
Foreign trade regulation
Industrial relationsShow allCollapse