Myanmar-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $442.71M total volume •Myanmar deficit: $143.98M
Myanmar → Viet Nam
$149.36M
Exports (2023)
Viet Nam → Myanmar
$293.35M
Imports (2023)
Trade Balance
$143.98M
Deficit for Myanmar
Total Trade
$442.71M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Myanmar and Viet Nam. Green line shows exports from Myanmar, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Myanmar-Viet Nam commercial relationship and competitive positioning in global markets.
Myanmar → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Myanmar's export portfolio to Viet Nam demonstrates strategic specialization, with sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter representing a key competitive advantage in this bilateral market.
Viet Nam → Myanmar Imports
Import Dependency Profile
📦 Import Strategy Analysis
Myanmar's import pattern from Viet Nam reveals strategic sourcingin vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Myanmar demonstrates competitive strength in exportingsugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $442.71M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Myanmar-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $442.71 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Myanmar maintains a deficit of $143.98 million
- Export Focus: Myanmar's primary exports include sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried, cereals: rice, broken
- Import Dependencies: Key imports from Viet Nam include vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks, plastics: plates, sheets, film, foil and strip (not self-adhesive), of polymers of ethylene, non-cellular and not reinforced, laminated, supported or similarly combined with other materials, sacks and bags: of a kind used for the packing of goods, of man-made textile materials, of polyethylene or polypropylene strip or the like, not flexible intermediate bulk containers
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $442.71M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Myanmar leveraging its comparative advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Myanmar's specialization in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring mattercomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $442.71M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $442.71M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $442.71 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter and vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Myanmar's trade deficit of $143.98 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Myanmar and Viet Nam represents a total trade volume of $442.71 million in 2023. This partnership demonstrates an unfavorable trade balance for Myanmar, with imports exceeding exportsby $143.98 million.
Export Strengths
Myanmar's exports to Viet Nam total $149.36 million, with competitive advantages in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, representing $44.00M or29.5% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $293.35 million, highlighting economic interdependence in vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks, with Vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks comprising8.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Myanmar's strategic sourcing from Viet Nam. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Myanmar and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023