On February 1, 2021, the Burmese military overthrew the democratically elected civilian government of Burma in a coup d’état. Since then, Burmese security forces have engaged in brutal violence against the people of Burma. In response to the coup and oppression of the Burmese people, on March 29, 2021, USTR announced the suspension of all U.S. diplomatic engagement, meetings, and cooperation with Burma under the U.S.-Burma Trade and Investment Framework Agreement (TIFA). The suspension will remain in effect until the return of a democratically elected government in Burma.
Burma Trade Summary
U.S. goods and services trade with Burma totaled an estimated $922.1 million in 2024, down 22.9 percent ($294.2 million) from 2023.
U.S. total goods trade (exports plus imports) with Burma was an estimated $728.1 million in 2024. U.S. goods exports to Burma in 2024 were $75.7 million, down 56.1 percent ($96.7 million) from 2023. U.S. goods imports from Burma in 2024 totaled $652.4 million, down 24.0 percent ($205.5 million) from 2023. The U.S. goods trade deficit with Burma was $576.6 million in 2024, a 15.9 percent decrease ($108.8 million) over 2023.
U.S. total services trade (exports plus imports) with Burma totaled an estimated $264 million in 2024. U.S. services exports to Burma in 2024 were $226 million, up 7.1 percent ($15 million) from 2023. U.S. services imports from Burma in 2024 were $38 million, down 15.6 percent ($7 million) from 2023. The U.S. services trade surplus with Burma was $188 million in 2024, a13.3 percent increase ($22 million) over 2023.
