Vietnam bags 177 million USD from exports to Myanmar

Thursday, 05/09/2024 17:15
Vietnam earned 177 million USD from commodity exports to Myanmar in the first seven months of 2024, up 37% year on year, according to the General Department of Customs.

Vietnam exported 19 main items to Myanmar, mostly raw materials and fuels. Textile and footwear materials and accessories were the largest export items, bringing in 26 million USD, up 25% in value year on year.

Textiles and footwear ranked second with a turnover of 19.6 million USD, down 21.9% year on year. Vietnam also exported 36,684 tons of fertilizer to the market, reaching 18 million USD, up 28.5% in volume and up 18% year on year.

Textile and footwear materials and accessories were Vietnam’s largest export items to Myanmar. (Photo: VNA)

Plastic products exported to the Southeast Asian country also brought in 12.7 million USD, down 51% year on year; exports of machinery, equipment, tools and other spare parts, 8.6 million USD, down 49.7%; and iron and steel, 6.1 million USD, down 12.8%.

In the agricultural products group, Vietnam exported two items to Myanmar, including coffee with 7.1 million USD, down 35.4% year-on-year, and pepper with 0.05 million USD, down 92.8%.

In general, most of the items exported to this market recorded value decreases compared to the same period last year with 15 out of 19 items. Of which, means of transport and spare parts had the deepest decrease of 93.7% year on year./.

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