Tax: up to 7%
Duties: up to 15%
Restricted items: Some Second-hand Goods
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 9 - 10 Weeks
Best Carrier option: Freight Forwarder
Prominent Languages: Burmese & English
The Complexities of Importing into Myanmar
Myanmar is at the center of political unrest. The escalating domestic conflict and political uncertainty leave the region open to evolving trade restrictions, sanctions, and even embargos. As one of the least developed economies in the area and an unsure political trajectory, the outlook uncertain for the time being. All shipments are on hold until further notice due to political and civil unrest in the country.
Before the political unrest started, Myanmar was noted for its promising potential as an emerging market outside. Intricate free trade agreements and reforms intended to benefit the people of Myanmar can make trade complicated. The added complexity of permit, clearance and other customs requirements can make unassisted shipments into and out of the region difficult.
How TecEx Can Help You Import into Myanmar
TecEx has previous experience shipping into Myanmar and is fully prepared to resume shipping once restrictions are lifted. We can source the complex documents required for second-hand goods and IT equipment with specific product functionality parameters. Key to our service is our IOR solution which we offer into more than 200 terminals worldwide. TecEx can handle almost every customs and compliance hurdle thanks to our vast Data and Technology experience.
Click here to learn more about what to expect when importing into Asia.
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