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

10.09.2018 - Yangon, Myanmar

AHK Geschäftsreise

Together with the Renewables Academy AG, our Delegation of German Industry and Commerce in Myanmar is organizing an AHK Business Trip to Yangon.... [more]

11.09.2018 - MICC-2 - Nay Pyi Taw, Myanmar

Myanmar Global Investment Forum

The Myanmar Investment Forum 2018 will offer expert insights into the industries key to the Myanmar economy. [more]

11.11.2018 - Myanmar

Markterkundungsreise Myanmar

Wasser- und Abwasserwirtschaft [more]

Exhibitions in Myanmar

26.09.2018 - Rose Garden Hotel - Yangon

Agri Livestock Myanmar 2018

The 5th International Exhibition & Conference for Myanmar in conjunction with three events [more]

27.09.2018 - Yangon Convention Center, YCC

AMPA Myanmar & Power Myanmar 2018

Myanmar Int'l Auto Parts, Accessories & Motor Show (AMPA Myanmar 2018) Myanmar Int'l Electrical, Electronics & Electric Power Equipment (POWER... [more]

06.11.2018 - Rose Garden Hotel, Yangon

Agro Myanmar 2018

The 5th International Exhibition & Conference on agricultural fertilizer, chemicals and machinery in Myanmar 2018

14.12.2018 - Rose Garden Hotel, Yangon

Myanmar Phar-Med Expo 2018

The 6th International Exhibition on Pharmaceutical and Medical Industry in Myanmar

14.12.2018 - Rose Garden Hotel, Yangon

Myanmar Lab Expo 2018

The 6th International Exhibition & Conference on diagnostic, laboratory, analytical, biotechnology and scientific Instruments & Technology Industry...

News

30.07.2018

Three local airlines closing down

This month, three local airlines officially suspended their domestic services: FMI Air, Air Bagan and Apex Airlines. Currently, Myanmar has 10... more

30.07.2018

Development of Dawei SEZ restarting in October

Italian-Thai Company is going to restart implementing the Dawei SEZ Project in Southern Myanmar in October. Due to financing challenges, the ... more

Sponsorship Opportunity for Phandeeyar's National Robotics Team

Phandeeyar (“creation place”) was established in 2014 to support Myanmar’s digital leapfrog. It is a community tech hub that is spearheading the... more

AHK World Business Outlook - ASEAN Focus 2018

German Chamber - ASEAN Business Council published this month the new Business Outlook.

For daily news updates please find and like us on facebook!


Welcome to Myanmar

Preparing your visit to Myanmar

Are you planning your visit to Myanmar? These websites might be helpful.

Some general up-to-date information regarding health- and security advices from the Federal Foreign Office of Germany:

Myanmar: Reise- und Sicherheitshinweise

Information about the online e-visa (application) from the Ministry of Immigration of Myanmar:

Ministry of Labour, Immigration and Population

 

 

Video AHK - Auslandshandelskammer

Sophie Waldschmidt, Head of Projects and Services, Integrierte Fachkraft, gefördert durch das ExperTS-Programm des Bundesministeriums für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ), vermittelt durch das Centrum für internationale Migration und Entwicklung (CIM).

Announcements and Job Vacancy

Key figures

Economic data

GDP growth (forecast 2018)

7.6%, GDP: 74 billion USD

Population (2017)

53 million people

FDI inflow (2016)

2.19 billion USD

total investment % of GDP (2017)

22%

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 (2017)1

-6.5% 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 (forecast 2018)

6.1%

Unemployment rate3

0.8% (2015, ILO), 4% (2014, Myanmar Census)

Aggregated rate of labor underutilization

6.9% (2015, ILO)

Central Bank interest rate

10%

Lending/ deposit rate

13% lending, 8% deposit

Exchange rate (July 2018)

1 EUR ≈ 1,634 MMK

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

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

3 While the census asks 3 questions about the labor force, and only one specifically about unemployment, the ILO survey asks stepwise several questions about employment, which leads, eventually, to a much lower number of unemployed. There is no significant difference in the workforce.

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