Myanmar | Imports and Exports | World | Parts and accessories of the motor vehicles of headings 8701 to 8705 | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Myanmar totalled $ 4.98 million in 2023. Sales of commodity group 8708 from Myanmar decreased by 12.9% in value terms compared to 2022. exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" decreased by $ 743 thousand (cumulative exports of commodity group 8708 from Myanmar amounted $5.72 million in 2022)
Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 0.033% of total exports from Myanmar (cumulative merchandise exports from Myanmar totalled $ 14.7 billion in 2023). The share of commodity group 8708 in total exports from Myanmar decreased by 0 p.p. compared to 2022 (it was 0.033% in 2022 and cumulative exports from Myanmar were equal to $ 17 billion).
Exports of commodity group 8708 amounted to 21% of total sales of group "" from Myanmar in 2023 (the value of exports of commodity group from Myanmar amounted to $23 million in 2023). The share of exports of commodity group 8708 in sales of commodity group from Myanmar lowered by 2.02 p.p. compared to 2022 (it was 23% in 2022, and exports of commodity group from Myanmar were $24 million).
Where does Myanmar export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?
Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Myanmar in 2023:
- Japan with a share of 61% (3.08 million US$)
- Australia with a share of 25% (1.27 million US$)
- Saudi Arabia with a share of 2.73% (136 thousand US$)
- USA with a share of 2.5% (124 thousand US$)
- Netherlands with a share of 2.04% (101 thousand US$)
- Singapore with a share of 1.49% (74 thousand US$)
- Greece with a share of 1.03% (51 thousand US$)
- Indonesia - 47 thousand US$
- Malaysia - 30 thousand US$
- Ukraine - 29 thousand US$
Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from Myanmar in 2023 represented by the following main commodity groups:
- 99% (4.94 million US$): 870891 - Vehicles; parts, radiators
- 0.532% (26 thousand US$): 870893 - Vehicle parts; clutches and parts thereof
- 0.355% (17.7 thousand US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to Myanmar totalled $ 30 million in 2023. Sales of commodity group 8708 to Myanmar decreased by 23% in value terms compared to 2022. imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" decreased by $ 9.63 million (the value of imports of commodity group 8708 to Myanmar was equal to $40 million in 2022)
Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 0.187% of total import flow to Myanmar (in 2023, total imports to Myanmar amounted to $ 16.4 billion). The share of commodity group 8708 in total imports to Myanmar decreased by 0.045 p.p. compared to 2022 (it was 0.232% in 2022 and cumulative imports to Myanmar were equal to $ 17.4 billion).
Imports of commodity group 8708 reached 9.03% of total imports of group "" to Myanmar in 2023 (imports of commodity group to Myanmar totalled $341 million in 2023). The share of purchases of commodity group 8708 in imports of commodity group to Myanmar went down by 12.5 p.p. compared to 2022 (it was 21% in 2022, and imports of commodity group to Myanmar accounted for $187 million).
Where does Myanmar import Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from?
Top trading partners (import of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05") of Myanmar in 2023:
- China with a share of 45% (14 million US$)
- Thailand with a share of 34% (10.6 million US$)
- Japan with a share of 8.52% (2.62 million US$)
- Indonesia with a share of 2.84% (877 thousand US$)
- Korea with a share of 2.24% (692 thousand US$)
- India with a share of 1.46% (452 thousand US$)
- Vietnam with a share of 1.43% (443 thousand US$)
- Other Asia, nes - 223 thousand US$
- Germany - 194 thousand US$
- Singapore - 157 thousand US$
Imports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - to Myanmar in 2023 represented by the following main commodity groups:
- 34% (10.6 million US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 14.5% (4.47 million US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 11.7% (3.61 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 8.91% (2.74 million US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
- 6.3% (1.94 million US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 5.19% (1.6 million US$): 870891 - Vehicles; parts, radiators
- 4.16% (1.28 million US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 3.87% (1.19 million US$): 870893 - Vehicle parts; clutches and parts thereof
- 2.72% (838 thousand US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 2.04% (628 thousand US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
