Vietnam got US$399 million of trade surplus with Myanmar
Friday, October 12,2018
AsemconnectVietnam - In the first eight months of 2018, the bilateral trade exchange between Vietnam and Myanmar reached US$ 595.54 million showed the statistics figures of the General Department of Customs.
Of the figure, the country exported $497.2 million worth of goods to; and imported $98.2 million worth of goods from Myanmar. So the country got $399 million of surplus in trade exchange with Myanmar.
In the first eight months of this year, Vietnam’s exports of iron and steel products to Myanmar increased by 2.1 times or 113.33 per cent over the same period last year to $81 million; while the exports of iron and steel of all kinds reached 29,800 tons worth of $21.1 million, up by 59.33 per cent in quantity and 77.47 per cent in value over the same period last year.
Besides, the exports of textiles and garments to Myanmar increased by 58.09 per cent to $16.6 million; and the exports of plastics – up by 45.92 per cent to $4.2 million.
Vietnam’s exports of goods to Myanmar in the first eight months of 2018 - source: VITIC – according to the figures of the General Department of Customs
|
Item
|
First 8 months of 2018
|
First 8 months of 2018 vs. same period of 2017 (%)
|
||
|
Quantity (Ton)
|
Value (US$)
|
Quantity
|
Value
|
|
|
Total
|
|
497,299,097
|
|
22.50
|
|
Confectionery and grain products
|
|
8,917,957
|
|
31.25
|
|
Chemicals
|
|
1,715,375
|
|
-10.60
|
|
Plastics
|
3,435
|
4,298,185
|
60.21
|
45.92
|
|
Plastic products
|
|
25,204,796
|
|
8.41
|
|
Textiles and garments
|
|
16,629,644
|
|
58.09
|
|
Ceramic and porcelain products
|
|
4,461,659
|
|
4.43
|
|
Iron and steel of all kinds
|
29,886
|
21,176,598
|
59.33
|
77.47
|
|
Iron and steel products
|
|
81,032,704
|
|
113.33
|
|
Other ordinary metals and products
|
|
19,392,999
|
|
-1.68
|
|
Machines, equipment and spare parts
|
|
31,877,935
|
|
28.05
|
|
Means of transport and spare parts
|
|
50,411,663
|
|
16.00
|
|
Non – wooden furniture
|
|
1,544,359
|
|
3.10
|
CK
Source: VITIC
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