Laos Records Trade Surplus Of US$41 Million In January
Laos recorded a trade surplus of US$41 million in the first month of this year, with China continuing to be the country’s largest export market.
Read moreLaos recorded a trade surplus of US$41 million in the first month of this year, with China continuing to be the country’s largest export market.
Read moreDespite racking up a trade deficit of US$336 million in the first 11 eleven months of 2021, the government is hopeful that its planned trade targets will be reached by the end of year.
Read moreLaos saw a record US$932 million in the value of imports and exports for June, but recorded a trade deficit of US$62 million
Read moreChina is the largest market for Lao exports, while Thailand remains one of Laos’ main importing countries with imports reaching a record value of US$227 million in May.
Read moreLaos reported a record US$729 million in imports and exports in October this year, with the value of exports put at US$347 million and the value of import calculated at US$382 million.
Read moreLaos recorded a total trade value of US$762 million for imports and exports in August 2020, comprising US$377 million worth of exports while about US$384 million was expended on imported goods
Read moreImporters and exporters in Laos are grappling with several challenges despite the government’s active efforts to reduce procedures and trade barriers.
Read moreThe value of Laos’ exports this year have dropped from US$410 million in January to US$209 million in April because of the impact of the global Covid-19 pandemic.
Read moreBusinesses engaged in foreign trade have asked the government to allow imports and exports via local and traditional border checkpoints
Read moreThe Ministry of Industry and Commerce has reported that the value of imports and exports climbed to more than 33.82 trillion kip (US$4.22 billion) in the first six months of this year, 11.8 percent more than in the same period last year.
The export value rose due to larger exports of minerals, electricity, garments and agricultural and wooden products. Thailand was Laos’ main export market followed by Vietnam, China, Germany, Japan and the Netherlands.
In the imports category, the value exceeded …..