Exports to Myanmar dwindle in ten months

VOV.VN - Vietnam’s exports to Myanmar dipped 11.1% to US$275.2 million during the first ten months of this year, according to the General Department of Vietnam Customs.

Vietnam businesses exported 13 kinds of products to Myanmar with means of transport and spare parts leading the pack with US$41 million, up 32.85% and accounting for 21% of total export value, trailed by machinery, equipment and tools (up 33.77% to US$33.8 million) and steel (down 24.25% to US$27.4 million).

In the reviewed period, 61.5% of export products to Myanmar posted relatively high growth while 38.4% saw lower growth rates. Clinker and cement experienced a strong decline of 98.6%.

Export items to Myanmar included means of transport and spare parts (making up 17%), steel (14%), plastic products (14%) and others (34%).
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