VIENTIANE, Jan. 25 (Xinhua) -- The combined trade value of Laos' imports and exports amounted to 1.235 billion U.S. dollars in December 2023, according to the latest figures from the Lao Trade Portal website.
The value of exports in December was recorded at about 531 million dollars while imports were valued at about 703 million dollars, resulting in a trade deficit of about 172 million dollars, said a report issued on Thursday from the Lao Trade Portal website.
Laos' main export products included mixed gold and gold bars, rubber, gold ore, paper products, cassava and cassava starch, electrical products, wood pulp and paper scraps, steel and clothing.
The country's main imports included fuel, mechanical equipment, land vehicles, electrical appliances, steel and steel products, gasoline, beverages, auto spare parts, plastic products, pulp and paper scrap.
China, Vietnam and Thailand are among leading export destinations for Lao products. Meanwhile, the main importing countries of Laos include China, Thailand and Vietnam, according to the report. ■