VIENTIANE, Jan 12 — The value of imports and exports of Laos in December 2022 was US$1.08 billion (RM4.7 billion), according to the latest figures from the Lao Trade Portal website, reported Xinhua.
Laos’ exports in December totalled US$532 million and US$556 million were imports. The country recorded a trade deficit of US$24 million, according to a report issued Wednesday on the Lao Trade Portal website.
Laos’ main export products included mixed and bar gold, cassava, paper and paper products, rubber, salt, pulp and paper scrap, copper ore, sugar, clothing and bananas.
Meanwhile, the country’s main imports included diesel, mechanical equipment, land vehicles, iron and steel products, beverages, gasoline, auto parts, wood pulp and paper, plastic appliances, electrical appliances and equipment.
China remains the top export destination for Laos, followed by Vietnam and Thailand.
The main importing countries of Laos include Thailand, China, Vietnam, the United States and Japan, according to the report. — Bernama
