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Myanmar – important trade partner of Vietnam 

 Thursday, March 23,2017

AsemconnectVietnam - 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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