Myanmar – important trade partner of Vietnam
Thursday, March 23,2017AsemconnectVietnam - Myanmar is one of the most important trade partners of Vietnam.
In the first two months of this year, the country’s exports of goods to Myanmar reached US$ 85.7 million, increased by 18.42 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
The major commodities exported by Vietnam to Myanmar in the first two months of this year were machines, equipment, tools and spare parts; textiles and garments; iron and steel, etc., leading by means of transport and spare parts with the export turnover of $ 12.1 million, up by 60.4 per cent year – on – year and accounted for 14.11 per cent of the total.
It was followed by iron and steel products with $ 9.5 million, up by 77.26 per cent; and machines and equipment - $ 7.5 million, up by 19 per cent.
Especially, the country’s exports of iron and steel to Myanmar increased sharply by 114.56 per cent year – on – year in the first two months to $ 4.3 million.
Vietnam’s exports of goods to Myanmar in the first two months of 2016 - Unit: US$ - Source: the General Department of Customs
Item
|
First 2 months of 2017
|
First 2 months of 2017 vs. same period of 2016 (%)
|
Total
|
85,712,401
|
18.42
|
Means of transport and spare parts
|
12,112,489
|
60.40
|
Iron and steel products
|
9,570,357
|
77.26
|
Machines, equipment and spare parts
|
7,542,478
|
19.00
|
Other ordinary metals and products
|
5,874,606
|
28.15
|
Plastic products
|
4,963,247
|
68.44
|
Iron and steel of all kinds
|
4,309,347
|
114.56
|
Textiles and garments
|
1,884,881
|
5.20
|
Confectionery and grain products
|
1,184,431
|
-0.19
|
Ceramic and porcelain products
|
1,047,498
|
-25.99
|
Plastics
|
495,800
|
51.42
|
Chemicals
|
390,981
|
68.61
|
Non – wooden furniture
|
335,457
|
73.56
|
CK
Source: VITIC
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