Laos heading for half year trade surplus

VIENTIANE (Vientiane Times/ANN) – Laos is likely to enjoy a trade surplus of about US$121 million for the first six months of the year, even as the government is predicting an overall trade deficit of around US$259 million for 2019.

Projected exports for the first six months are US$2,409 million or 55.2 percent of the annual plan (US$5,516 million) with imports at US$2,288 million or 39.6 percent of the yearly plan (US$5,775 million), the Minister of Planning and Investment, Dr Souphanh Keomixay, informed a meeting of cabinet members, provincial governors and the Vientiane Mayor in the capital last week.


News Desk