Myanmar, or the Republic of the Union of Myanmar (formerly Burma), is the second largest country in Southeast Asia, with a population slightly over 51 million. Administratively, Myanmar has seven states and seven regions, many of which are divided along ethnic lines.
Myanmar has been a member of the WTO since January 1995. Its average most-favored-nation (MFN) applied duty is 5.1% for non-agricultural products. Final bound tariffs, or tariff ceilings set by the government, range from 0% (e.g., electrical machinery and transport equipment) to 550% (e.g., beverages, tobacco, and cereals).
The average MFN rate applied to agricultural imports is 8.6%, with more than half of agricultural imports subject to tariff rates of less than 15%.
Myanmar grants at least MFN treatment to all its trading partners. As of the beginning of 2015, it had no anti-dumping, countervailing, safeguards, or subsidies legislation.
However, Myanmar has yet to apply the provisions of the WTO Customs Valuation Agreement that ensures that customs values used to set duty rates are determined in a neutral and uniform manner and are not arbitrary or fictitious.
In addition, both the WTO and Myanmar’s trading partners are concerned that the country has only bound 18.5% of its import tariffs. Although actual applied tariffs are currently low on many imports, this low level of bound tariffs gives the government free rein to raise tariffs on non-bound items at any time as the need arises.
The WTO provides the following summary of tariff rates for broad product groupings: