Laos' trade value exceeds 1.1 bln USD in February

30/04/2024 12:29
Email Print 8322
KPL (KPL​) The combined trade value of Laos' imports and exports amounted to 1.101 billion U.S. dollars in February, according to the Xinhua News Agency report on Tuesday.

(KPL​) The combined trade value of Laos' imports and exports amounted to 1.101 billion U.S. dollars in February, according to the Xinhua News Agency report on Tuesday.

The value of exports in February was recorded at 530 million dollars while imports at 570 million dollars, resulting in a trade deficit of about 40 million dollars, said the report.

Laos' main export products included cassava, mixed gold, copper ore, paper and paper products, wood pulp and paper waste, sugar, bananas, and rubber.

The country's main imports included diesel, land vehicles, mechanical equipment, steel and steel products, electrical appliances and equipment, gasoline, vehicle spare parts, plastic utensils, chemical products, and aluminum products.

China remained the top export destination for Laos, followed by Thailand and Vietnam. Meanwhile, the major import sources to Laos included Thailand, China and Vietnam.

KPL

ຂ່າວອື່ນໆ

    • Phonesack Invests $4 Billion in Coal-Fired Power Plant to Boost Laos-Cambodia Energy ConnectivityEconomics

      Phonesack Invests $4 Billion in Coal-Fired Power Plant to Boost Laos-Cambodia Energy Connectivity

      4/10/2025 12:12:19 PM

      Phonesack Group held a groundbreaking ceremony on April 2 for a 4-billion-dollar coal-fired thermal power plant project in Kalum District, Xekong Province, southern Laos. The event was attended by Deputy Prime Minister Saleumxay Kommasith, the Minister of Energy and Mines, the Provincial Governor, and key guests from public and private sectors. The project is being developed by the Phonesack Group.

    • ADB, Lao PDR Collaborate to Host Workshop on Financing Resilient GrowthEconomics

      ADB, Lao PDR Collaborate to Host Workshop on Financing Resilient Growth

      4/3/2025 12:33:16 PM

      The Asian Development Bank (ADB), in partnership with the Ministry of Finance, organized the two-day Workshop on Scaling Up Financing for Resilient Growth in the Lao PDR, which brought together more than 100 senior government officials, development partners, and sector experts to discuss ways to drive resilient growth in the country in an integrated manner.

    • Laos Signs MOU for Solar Energy Project in Two ProvincesEconomics

      Laos Signs MOU for Solar Energy Project in Two Provinces

      3/28/2025 2:52:58 PM

      The government signed a Memorandum of Understanding (MOU) with AB Construction and Shaochun Hung Heuang Co., Ltd. to conduct a feasibility study for a solar power project in Bolikhamxay and Sekong provinces on March 26, 2025.

    • Laos Energy Development Plan for Net-Zero Emissions UnveiledEconomics

      Laos Energy Development Plan for Net-Zero Emissions Unveiled

      3/26/2025 12:16:21 PM

      The ASEAN Centre for Energy (ACE) has released a study titled "Energy Sector Development Plan for Net-Zero Emissions in Laos". The study, published on March 25, 2025, underscores Laos’ commitment to achieving net-zero greenhouse gas emissions by 2050, aligning with its Nationally Determined Contributions (NDC) under the Paris Agreement.

    • Vietnam, Laos promote payments in local currencies to boost trade Economics

      Vietnam, Laos promote payments in local currencies to boost trade

      3/17/2025 9:39:17 AM

      (KPL/VNA) A conference was held in Vientiane on March 14 to promote the use of the Lao kip (LAK) and the Vietnam dong (VND) in payments for goods and services between the two countries.

ຂ່າວ KPL Laos News

Top