Thursday, April 25,2024 - 11:56 GMT+7  Việt Nam EngLish 

Vietnam –Myanmar trade relationship strengthened 

 Monday, May 22,2017

AsemconnectVietnam - Vietnam’s exports of almost all items to Myanmar saw annual positive growth in the first four months of this year.

In the first four months of this year, the bilateral trade exchange between Vietnam and Myanmar reached US$ 250.2 million, up by 48 per cent over the same period last year. Of the figure, the country exported $ 191.7 million worth of goods to and imported $ 58.5 million worth of goods from Myanmar, up by 29 per cent and 191 per cent, respectively year – on – year. So the country got $ 133.3 million of surplus in trade exchange with Myanmar in the first four months.
Means of transport and spare parts were the biggest items exported by the country to Myanmar in the reviewed period, accounted for 11.9 per cent of the total with the export turnover of over $ 22.9 million, up by 50.3 per cent; iron and steel products - $ 15.1 million, up by 22.8 per cent; machines, equipment and spare parts - $ 13.6 million, up by 8.8 per cent; plastic products - $ 13.2 million, up by 64 per cent; ordinary metals - $ 11.1 million, up by 37.7 per cent.
Vietnam’s exports of goods to Myanmar in the first 4 months of 2017 - Unit: US$ - source: the General Department of Customs
Item
First 4 months of 2017
First 4 months of 2016
First 4 months of 2017 vs. same period of 2016 (%)
Total
191,747,554
148,677,215
+28.97
Means of transport and spare parts
22,864,612
15,209,625
+50.33
Iron and steel products
15,104,098
12,303,315
+22.76
Machines, equipment and spare parts
13,573,231
12,470,963
+8.84
Plastic products
13,183,119
8,040,455
+63.96
Other ordinary metals and products
11,078,385
8,043,901
+37.72
Iron and steel of all kinds
8,462,990
6,840,691
+23.72
Textiles and garments
4,333,300
2,994,951
+44.69
Confectionery and grain products
2,372,221
2,683,096
-11.59
Ceramic and porcelain products
2,144,223
2,319,662
-7.56
Plastics
1,258,156
974,661
+29.09
Chemicals
973,678
514,894
+89.10
Non – wooden furniture
663,882
650,476
+2.06
CK
Source: VITIC
 

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