(KPL) The total value of Laos’s import and export in August amounted to 1,020 million U.S. dollars, according to a report from the Lao Trade Portal website on Monday.

Out of the total amount of which 427 million U.S. dollars were exports and 593 million U.S. dollars were imports with trade deficit of 166 million U.S. dollars in August 2022.

Main exporting countries was China with trade value of 173 million US dollars, followed by Vietnam 81 million US dollars, Thailand 46 million US dollars, Australia 28 million US dollars and Hong Kong 16 million US dollars. Meanwhile, the main importing countries included Thailand amounted to 290 million US dollars, China 145 million US dollars, Vietnam 37 million US dollars, the United States 25 million US dollars and Switzerland 17 million US dollars. 

Laos' main export products included gold and gold bullion, paper and paper products, copper ore, wood pulp and paper scraps, rubber, fertilizer, clothing, beverages, sugar and footwear.

The country's main imports included diesel, mechanical equipment, land vehicles, wood pulp and paper scraps, gasoline, beverages, plastic utensils, precious or semi-precious stones, live animals, iron, steel and steel products.

Source:
courtesy of KPL NEWS AGENCY

by LAO NEWS AGENCY

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