Laos’ exports under GSP reaches US$1.3 billion

08/06/2020 15:20
Email Print 7531
KPL (KPL) Laos’ value of exports under Generalised System of Preferences in 2019 reached US$1,300 million, representing 22.65% of the total export of the country. The figures included US$361 million worth of exports to Thailand, US$322 million to China and US$312 million to Vietnam, according to the Department of Import and Export, Ministry of Industry and Commerce.

(KPL) Laos’ value of exports under Generalised System of Preferences in 2019 reached US$1,300 million, representing 22.65% of the total export of the country.

The figures included US$361 million worth of exports to Thailand, US$322 million to China and US$312 million to Vietnam, according to the Department of Import and Export, Ministry of Industry and Commerce.

Last year, the value of imports under the GSP programme was around US$665 million, representing 11.60% of the total import of 5.740 million with Thailand ranking the largest import market for Laos, followed by China and Vietnam.

Laos imported around US$380 million in goods from Thailand, US$98 million from China, and US$86 million from Vietnam.

KPL

ຂ່າວອື່ນໆ

    •    ADB lowers Laos’ 2025 growth forecast to 3.7%Economics

      ADB lowers Laos’ 2025 growth forecast to 3.7%

      10/16/2025 5:30:08 PM

      (KPL/VNA) The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9% to 3.7%, citing debt vulnerabilities, weak demand, and trade tensions.

    • Laos’ Tourism Sees Strong Recovery in 2025Economics

      Laos’ Tourism Sees Strong Recovery in 2025

      10/15/2025 2:24:44 PM

      Laos’ tourism sector is showing promising signs of recovery in 2025, with more than 3 million tourist arrivals recorded in the first eight months of the year. According to Mr. Khampheuy Philapha, Director of the Personnel Department, Ministry of Culture and Tourism, more than 3 million visitors entered the Lao PDR between January and August 2025, highlighting a steady rebound for the sector following global and regional challenges.

    • Laos Nears Completion of Major Cross-Border Wind Power ProjectsEconomics

      Laos Nears Completion of Major Cross-Border Wind Power Projects

      10/10/2025 9:42:27 AM

      The Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province, are rapidly approaching completion, with over 80% of construction already finished. The projects are on schedule to begin generating electricity by the end of 2025. According to Project Director Mr. Ruang Jungang, both Phase 1 (250 megawatts) and Phase 2 (350 megawatts) are set to commence commercial operations by the end of this year. The electricity generated will be exported to Vietnam under a cross-border energy cooperation agreement.

    • Laos to Launch Inaugural Lao Money Expo in December to Drive Economic GrowthEconomics

      Laos to Launch Inaugural Lao Money Expo in December to Drive Economic Growth

      10/2/2025 1:03:24 PM

      In a strategic move to address ongoing economic challenges and foster financial sector development, Laos will host its first-ever "Lao Money Expo 2025" this December, organizers announced.

    • ADB revises Laos’ growth down to 3.7 pct for 2025Economics

      ADB revises Laos’ growth down to 3.7 pct for 2025

      10/2/2025 10:50:50 AM

      The Asian Development Bank (ADB) has revised its economic growth projections for Laos downward, pointing to persistent debt vulnerabilities, weak external demand, and ongoing trade tensions as key factors tempering the nation’s recovery.


Top