News

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 ...

Manyphone Vongphachanh

Laos Imports Fuel Worth USD 125 Million From Vietnam in 2022

Overall exports from Vietnam to Laos shot up by 10.4 percent to USD 656.4 million while other exports, including steel, dropped 15 percent to USD 60.1 million, and fertilizer surged up by 31 percent to USD 32.5 million.Import of goods from Laos to Vietnam, on the contrary, ...

Phontham Visapra

Laos' trade deficit reaches US$78mil in December 2020

Laos recorded a trade deficit of US$78mil in December 2020, according to the latest information from the Lao people’s Democratic Republic Trade Portal website.Laos’ export during December were worth US$468 million, while the value of import was US$546 million, said the report.Keep reading  ...

The Star

Laos-Vietnam trade deficit set to drop to US$227 million

VIENTIANE (Vientiane Times/ANN) – The Lao government has set a target of reducing the trade deficit with Vietnam to about US$227 million this year, with the country producing more products for export.The value of imports from Vietnam to Laos is expected to touch US$985.3 million, ...

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