Viet Nam-Myanmar Bilateral Trade Analysis 2023
Complete trade statistics: $442.71M total volume •Viet Nam surplus: $143.98M
Viet Nam → Myanmar
$293.35M
Exports (2023)
Myanmar → Viet Nam
$149.36M
Imports (2023)
Trade Balance
$143.98M
Surplus for Viet Nam
Total Trade
$442.71M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Viet Nam and Myanmar. Green line shows exports from Viet Nam, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Viet Nam-Myanmar commercial relationship and competitive positioning in global markets.
Viet Nam → Myanmar Exports
Export Market Intelligence
🎯 Strategic Export Focus
Viet Nam's export portfolio to Myanmar demonstrates strategic specialization, with vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks representing a key competitive advantage in this bilateral market.
Myanmar → Viet Nam Imports
Import Dependency Profile
📦 Import Strategy Analysis
Viet Nam's import pattern from Myanmar reveals significant dependencyin sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Viet Nam demonstrates competitive strength in exportingvessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks to Myanmar, 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: Viet Nam-Myanmar Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $442.71 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Viet Nam maintains a surplus of $143.98 million
- Export Focus: Viet Nam's primary exports 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
- Import Dependencies: Key imports from Myanmar 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
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 Viet Nam leveraging its comparative advantages in vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks.
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
Viet Nam's specialization in vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating dockscomplements Myanmar's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter.
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 vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks and sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Viet Nam's trade surplus of $143.98 million strengthens 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 Viet Nam and Myanmar represents a total trade volume of $442.71 million in 2023. This partnership demonstrates a favorable trade balance for Viet Nam, with exports exceeding importsby $143.98 million.
Export Strengths
Viet Nam's exports to Myanmar total $293.35 million, with competitive advantages in vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks, representing $24.51M or8.4% of bilateral exports.
Import Dependencies
Imports from Myanmar amount to $149.36 million, highlighting economic interdependence in sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, with Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter comprising29.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Viet Nam's competitive position in this bilateral relationship. 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 Viet Nam and Myanmar in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023