Laos Records Lowest Year-on-Year Trade Deficit of USD 13 Million in January

10 March 2023
The Laotian Times
Economic policy and administration / Exports / Imports / Trade
Border bottlenecks hinder Lao imports: Study / Lao Operators eye business opportunities and export market access / Laos-Vietnam trade deficit set to drop to US$227 million / Laos’ trade deficit increases in first quarter of 2019

The trade deficit in Laos soared to USD 233 million in September 2022 but has been decreasing steadily since then.

The overall value of trade in Laos was USD 935 billion in January this year, with USD 461 million in exports and USD 474 million in imports, according to the information from the Lao Trade Portal.

Major exports for January included cassava, gold, gold bars, gold ore, potassium chloride, paper and paper products, bananas, clothes, wood pulp, paper waste, sugar, and iron ore.

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 Manyphone Vongphachanh

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Laos Records Lowest Year-on-Year Trade Deficit of USD 13 Million in January

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