AHK Myanmar

Welcome

The Delegation of German Industry and Commerce in Myanmar is the official representation of German business in Myanmar. more

Sourcing Desk

Find your new supplier in Myanmar with us. more

Market Entry

The Delegation is your most important partner in this new market. more

Infrastructure and Logistics

Sitting between China and India, Myanmar offers a unique geo-strategic location and vast investment opportunities. more

Economic Development

Catching up at fast pace in a competitive environment. more

Green Energy Solutions

We support renewable energies as alternatives to conventional sources of power supply and the creation of Myanmar-German partnership project activities. [more]

Events

No events in this list.

Exhibitions in Myanmar

25.01.2018 - Yangon

8th Myanmar Oil, Gas & Power Summit 2018

The Longest Established Oil & Gas Event for Myanmar

20.03.2018 - Sule Shangri-la Yangon

Myanmar Infrastructure Summit 2018

Building An Inclusive, Integrated and Modernised Myanmar [more]

28.03.2018 - Rose Garden Hotel

Myanmar Gar-Tex Expo 2018

The 2nd International Exhibition on Textile & Garment Industry for Myanmar [more]

10.04.2018 - Myanmar Event Park (MEP) at Mindama Yangon

Myanmar Build and Decor

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News

17.01.2018

Internship Offer

 We are offering a remunerated 6 months internship (starting mid/end March 2018) to German Bachelor or Master students with a business/economics... more

20.12.2017

Central Bank allows foreign banks to provide export financing

The Central Bank of Myanmar opened up the possibility for 13 licensed foreign banks to apply for approval to directly serve local business clients... more

20.12.2017

New business climate surveys

Roland Berger's second Myanmar business confidence survey, conducted in partnership with the Union of Myanmar Federation of Chambers of Commerce and... more

20.12.2017

New Companies Law postponed until August 2018

Officials from the Directorate of Investment and Company Administration (DICA) said that authorities may not be ready to implement and enforce the... more

31.10.2017

1st Myanmar-German Renewable Energies Symposium

On 23 October 2017, the Delegation of German Industry and Commerce in Myanmar jointly with Energy Solutions Initiative by the German Federal Ministry... more

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Our services

  • Market information
    We collect information according to your requirements including background on framework conditions for trade and investment as well as market analysis for specific sectors and industries.
  • Market entry and development support
    We support with practical issues of setting up business, including communication with local partners, and provide contacts to knowledgeable service providers.
  • Business missions
    We organize and support incoming business missions with the coordination of a targeted program and logistical arrangements.

Key figures

Economic data


GDP growth (est. 2017)

7.5%, GDP: 72 billion USD

Population (2017)

53 million people

FDI inflow (2016)

2.19 billion USD

Exports goods (2016)

11 billion USD; China, Thailand, India

Imports goods (2016)

16 billion USD; China, Singapore, Thailand

Exports services (2015)

3.86 billion USD

Imports services (2015)

2.44 billion USD

Current account balance (2016)1

-5.8% of GDP

Exports to Germany goods (2016)2

172.4 million USD; apparel, footwear

Imports from Germany goods (2016)2

76.8 million USD; machinery, vehicles

Inflation rate

6.9%

Unemployment rate3

0.8% (2016, ILO), 4% (2014, Myanmar Census)

Central Bank interest rate

10%

Lending/ deposit rate

13% lending, 8% deposit

Exchange rate (Jan. 2018)

1 EUR ≈ 1,640 MMK

1The actual deficit may be significantly lower as exports are not always recorded.

2Using mirror trade data gives significantly higher imports (155.8 million USD) and exports (358.8 million USD).

3The ILO adds the approx. 10 million people in unpaid and subsistence work to the workforce, while in the Myanmar Census they are subtracted from the workforce.

Sources: Trade data: UN Comtrade and UNCTAD (FDI), Economic data: WB and IMF, CB of Myanmar for interest rates