Laos Sees a Trade Deficit of USD 23 Million in December

According to the Lao Trade Portal, the country recorded a trade deficit of USD 23 million in December, which is considerably lower than the trade deficits of USD 45 million and USD 230 million reported in November and October, respectively.

The overall value of trade hit USD 1,088 in December last year, including USD 532 million in exports and USD 556 million in imports.

The major exported products for the month include gold ore, iron ore, paper products, potassium chloride, sugar, clothes, asphalt, cassava, and bananas.

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Phontham Visapra