Myanmar Truck Industry Outlook 2024 - 2028

See how Myanmar Truck performed compared to key markets such as Mexico, the United States and Germany.

Key Market Indicators

Burmese truck exports are projected to reach approximately $1.5 million by 2028, up from around $1.2 million in 2023. This reflects an average annual growth rate of 3.4%. Since 2017, Burma's truck export supply has increased by 6.6% each year. In 2023, the country ranked 74th in global truck exports, with Macedonia surpassing it at the same $1.2 million mark. The leading countries in this ranking were the United States, Germany, and France, respectively holding the second, third, and fourth positions. On the import side, Burmese truck imports are expected to hit about $537.6 million by 2028, compared to $524.5 million in 2023, marking an average annual growth rate of 0.5%. Burmese demand for truck imports has surged by 9.5% annually since 2015.

Myanmar Truck Market Data and Forecasts

How much will Myanmar Truck Market grow to 2028?

Forecast: Import of Trucks to Myanmar
Forecast: Import of Trucks With Lifting Equipment to Myanmar

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