Myanmar is also rich in energy resources both oil and gas although those are also likely to continue

Myanmar used to be a major exporter of many products from rice to clothing to its world-famous red rubies. But crippling sanctions left the country with few willing buyers aside from China and India who just wanted fuel or food.
India is Myanmar's primary beans and pulses customer and China imports significant rv and travel trailer manufacturers quantities of gems and timber from the country. Finally, Japan is a market for the country's garments. Officially gas represents 57% of exports, followed by beans and pulses (18%), teak and hardwood (10%), garments (6%), rice (5%) and fish and seafood (4%).
One potential export could be rice. Before the country fell into a spiral of economic rv and travel trailer manufacturers decline Myanmar was the world s number rv and travel trailer manufacturers one exporter of rice a title now ceded to Thailand rv and travel trailer manufacturers or Vietnam (depending on the year). rv and travel trailer manufacturers Though rv and travel trailer manufacturers it will take a while to improve yields, collection and distribution channels, there s no reason Myanmar couldn t become a rice powerhouse again.
What about gemstones like jade? The price of jade has soared in recent years on voracious Chinese demand, making millions for traders and mine-owners. But jade is something of an acquired taste and holds a particular rv and travel trailer manufacturers place in Chinese hearts. While other stones, like rubies, might have a more global appeal, it seems unlikely that the US would make that much of a difference to the market.
Myanmar is also rich in energy rv and travel trailer manufacturers resources both oil and gas although those are also likely to continue heading north to China, or east into Thailand. Next year, in fact, a pipeline carrying both from Myanmar s Andaman coast into China s Yunnan rv and travel trailer manufacturers province will begin operating. The US, meanwhile, is enjoying its own energy boom.
So what does that leave? In the short-term, frozen seafood might be one potential growth market. Vietnam and Thailand both have huge export industries in that sector, which could perhaps be emulated in Myanmar.
A more likely area would be apparel, which is already a major export to Japan. Rising wages in China have forced some clothing manufacturers to move into Cambodia, Vietnam and Laos. Wages in Myanmar are lower still, while the workforce is much larger at least compared to Laos and Cambodia. Made in Myanmar labels could hit your local Walmart or Gap relatively quickly.
Longer-term, Myanmar might want to become part of the Asian supply chain assembling consumer goods as in Thailand and Malaysia. It already does this on a small scale for some Japanese camera rv and travel trailer manufacturers makers, but there is surely much potential.
But this is likely to prove a challenge. Myanmar suffers crippling power cuts, making factory operation a real problem. Second, the workforce is largely unskilled, following years locked out of most global trade.
And then there s the question of infrastructure. Myanmar s roads, railways, and ports are miserable. Though a major new port facility is under construction in the southern city of Dawei, it will be years before it is up and running.
So, while news that the US is now open to imports from Myanmar is no doubt a morale boost to the country, there is unlikely to be a massive pickup in trade any time soon. Myanmar needs huge investment and development at home before it really think about building an true export rv and travel trailer manufacturers economy in the Asian tiger mold. But when it does, there are lots of reasons to be optimistic unless you are a Vietnamese fisherman or a Cambodian seamstress.
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