BCN-16 Myanmar, Vietnam trade hit over 360 mln USD in five months

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ZCZC

BCN-16

MYANMAR-VIETNAM-TRADE

Myanmar, Vietnam trade hit over 360 mln USD in five months

YANGON, Oct. 28, 2018 (BSS/Xinhua) – Bilateral trade between Myanmar and
Vietnam has reached over 362 million U.S. dollars in five months of the six-
month transitional period from April to September this year, according to the
figures from the Commerce Ministry Saturday.

Myanmar has changed its fiscal year period from original April-March to
Oct-Sept beginning 2018-2019, producing a six-month transitional gap.

From April to August, the country’s export to Vietnam amounted 119.8
million U.S. dollars while its import shared 242.3 million U.S. dollars.

The total trade increased by 40.5 million U.S. dollars compared with the
same period of FY 2017-2018 when it showed 321 million U.S. dollars.

The country’s trade with Vietnam totaled over 714.8 million U.S. dollars
in FY 2017-2018.

Myanmar mainly exports mineral, agricultural, forest and marine products
to Vietnam, and imports car spare parts, computer parts, construction
materials, steel, plastics, pharmaceuticals and chemical products from
Vietnam.

BSS/XINHUA/HR/1105