Market profile

Myanmar is continuing its transformation towards an attractive trade and investment destination which is strategically located close to China, India and the rest of Association of Southeast Asian Nations (ASEAN). With a new civilian government continuing reforms to encourage business investment, a youthful population and the highest growth rates in ASEAN, the country offers significant long term potential for Australian business and education providers. 

More information on doing business in Myanmar

ASEAN NOW – Insights for Australian Business

A digital report on Australia’s trade and investment relationship with ASEAN.

Key sections:

  • Why ASEAN matters to Australia
  • What’s driving growth
  • Opportunities by ASEAN market
  • Practical tips and assistance
  • Case studies.

Myanmar market insights and opportunities

Facts

  • Merchandise exports A$0.162 million
  • Services exports A$110 million
  • Capital Nay Pyi Taw
  • Official language Burmese
  • Area 653,290 sq km
  • Population 52.8 million

Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Myanmar and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Myanmar. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

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