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

26.06.2018 - Münster, Germany

Round Table Myanmar

Join us at IHK Nordwestfalen in the beautiful city of Münster for a morning session on market opportunities in Myanmar. [more]

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]

11.11.2018 - Myanmar

Markterkundungsreise Myanmar

Wasser- und Abwasserwirtschaft [more]

Exhibitions in Myanmar

26.06.2018 - Yangon

Myanmar Banking & Finance Conference

The 5th edition of the conference is the place where people, innovation technologies and best practices converge to define the future.

20.07.2018 - Tatmadaw Exhibition Hall, Yangon

Myanmar International Tourism Expo 2018

The first edition of Myanmar International Tourism Expo (MITE ) will be held on 20-22 July 2018 at Tatmadaw Exhibition Hall, Yangon, Myanmar. MITE is... [more]

08.11.2018 - 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

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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.

 

 

Announcements

Westerwelle Foundation

The German Westerwelle Foundation opened its application window for the Westerwelle Young Founders Programme 2018. Young entrepreneurs are invited to apply for the one-year scholarship including a business mentoring and the opportunity to network alongside with other new founders from all over the world as well as with the start-up community of Berlin. Attendees will get access to the Young Founders Conference in Berlin from 16 – 20 October 2018.

Summary:

Westerwelle Young Founders Programme – Autumn 2018

Deadline for the application: 25 June 2018

Young Founders Conference in Berlin, Germany from 16 to 20 October 2018

Attendance: 25 young entrepreneurs

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

 

 

Internship at the Projects and Services Department

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 (Jan. 2018)

1 EUR ≈ 1,650 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).

3While 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