Laos Records US$932 Million Trade Value In June
Laos saw a record US$932 million in the value of imports and exports for June, but recorded a trade deficit of US$62 million
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import & Export Laos
Laos’ trade deficit exceeds US$54 million in May
China 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.
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Laos Records US$729 Million In Imports, Exports For October
Laos 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.
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Laos Records US$762 Million Trade Value For August
Laos 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
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Importers, Exporters Face Further Trade Barriers
Importers and exporters in Laos are grappling with several challenges despite the government’s active efforts to reduce procedures and trade barriers.
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Laos’ Exports Drop Further Amid COVID-19 Crisis
The 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.
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Investors Call The Government Considers Import And Export Goods Via Local Checkpoints
Businesses engaged in foreign trade have asked the government to allow imports and exports via local and traditional border checkpoints
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Value of Lao Exports, Imports Exceeds US$4.22b
The 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 …..