Laos' trade value exceeds 1.1 bln USD in February

30/04/2024 12:29
Email Print 9620
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

    • Multiple Factors Prevent Goods Prices from Falling in Line with Fuel CostsEconomics

      Multiple Factors Prevent Goods Prices from Falling in Line with Fuel Costs

      7/7/2026 7:36:28 PM

      The Ministry of Industry and Commerce has attributed the continued high prices of goods and services, despite declining fuel prices, to a combination of economic factors, while reaffirming that strict measures are being implemented to strengthen price monitoring and protect consumers. Speaking during the First Extraordinary Session of the 10th National Assembly on July 7, Minister of Industry and Commerce Malaythong Kommasith said the slow adjustment in prices reflects several underlying factors.

    • National Assembly Urges Government to Accelerate Economic Growth and Structural ReformsEconomics

      National Assembly Urges Government to Accelerate Economic Growth and Structural Reforms

      7/6/2026 8:16:17 PM

      The National Assembly Standing Committee has called on the Government to accelerate socio-economic development, maintain macroeconomic stability, and implement structural reforms to achieve the country’s 2026 development targets.

    • Laos Records 5 Percent Economic Growth in First Half of 2026Economics

      Laos Records 5 Percent Economic Growth in First Half of 2026

      7/6/2026 2:13:18 PM

      The Lao economy grew by 5 percent in the first half of 2026, supported by continued expansion in the services, industry, tourism, and manufacturing sectors, Prime Minister Sonexay Siphandone told the ongoing Extraordinary Session of the National Assembly on July 6.

    • Korea–Laos Forum Promotes Cooperation in Sustainable Agriculture and InvestmentEconomics

      Korea–Laos Forum Promotes Cooperation in Sustainable Agriculture and Investment

      6/25/2026 2:08:19 PM

      More than 100 representatives from government agencies, international organizations, development partners, and private-sector companies from the Republic of Korea and the Lao PDR gathered in Vientiane for the 2nd K-GREEN AGRO PARTNERING Forum, a two-day event aimed at advancing bilateral cooperation in sustainable agriculture, agribusiness investment, and green growth.

    • BFL and IFC Corporation Join Forces to Boost SME Financing in LaosEconomics

      BFL and IFC Corporation Join Forces to Boost SME Financing in Laos

      6/18/2026 8:53:29 AM

      A major new partnership between Banque Franco-Lao Ltd. (BFL Bred Group) and International Finance Corporation (IFC) is set to strengthen financial support for small and medium-sized enterprises (SMEs) across the Lao PDR, opening new opportunities for businesses that are vital to the country’s economic future.


Top