Mon, 19 Apr 2021

Trade deficit in Laos reach 10 mln USD in January

26 Feb 2021, 21:55 GMT+10

VIENTIANE, Feb. 26 (Xinhua) -- Laos recorded a trade deficit of 10 million U.S. dollars in January 2021, according to the latest information from the country's trade portal website.

Laos' exports increased to 482 million U.S. dollars in January 2021 from 468 million U.S. dollars in December 2020. The value of imports in January 2021 was 492 million U.S. dollars, according to the report.

The country's leading exports included copper ore, bananas, rubber, clothing, camera parts, coffee, sugars and tobacco.

The main imports included steel and steel products, diesel, land vehicles excluding motorcycles, mechanical equipment (excluding motor vehicles), electrical equipment and appliances.

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

The main countries for imports are Thailand, China, Vietnam, Japan, and the United States.

These figures do not include earnings from the export of electricity.

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