So, Vietnam has now become Myanmar’s 13 largest exporter behind Singapore, China, Thailand, the Republic of Korea, Japan, Indonesia, Malaysia, India, the US, German, Sweden and Australia.

During the period, two-way trade between Vietnam and Myanmar hit $125 million, a 46.6 percent increase year on year.

Vietnam’s key exports to Myanmar included steel, garment and textile materials and accessories, medicine, and medical equipment, construction materials, electronic appliances, tubes and tyres, machines spare parts, chemical fertilizers and machinery components.

It mainly imported agriculture, forest and seafood products from Myanmar, totalling $65 million and becoming Myanmar’s 11^th largest importer in the first 10 months.

Last year, the country earned $47 million from exports to Myanmar and two-way trade turnover in 2010 increased by 60 percent compared to the previous year.

VNS