Laos records 13 mln USD in trade deficit in January-Xinhua

Laos records 13 mln USD in trade deficit in January

Source: Xinhua| 2023-03-07 12:16:30|Editor: huaxia

VIENTIANE, March 7 (Xinhua) -- Laos recorded a trade deficit of 13 million U.S. dollars in January 2023, according to a report on Monday from the Lao Trade Portal website.

The total value of trade in January amounted to 935 million U.S. dollars, of which 461 million U.S. dollars were exports and 474 million U.S. dollars were imports.

Laos' main export products included cassava, mixed gold and goal bars, copper ore, salt, paper and paper products, bananas, clothes, pulp and paper scraps, sugar, and iron ore.

The country's main imports included diesel, mechanical equipment, land vehicles, gasoline, auto spare parts, steel and steel products, plastic products, electrical wires and cables, electric appliances and electrical equipment, wood pulp and paper waste.

China remained the top export destination for Laos, followed by Thailand and Vietnam.

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