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

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