Laos had a trade surplus in September

[ASEAN NOW]

 

For the first time in recent months, Laos had a trade surplus in September, with exports exceeding imports.

 

Laos had a total trade value of USD 777 million in September, according to data from the Lao Trade Portal website, with exports totaling USD 447 million and imports totaling USD 330 million.

 

Copper ore, bananas, mixed gold (gold bars), clothing, sugar, rubber, watermelon, passion fruit, tamarind, tobacco, and rice were all major exports.

 

Vehicles, except motorcycles and tractors, electrical devices and equipment, steel and steel products, magnetic steel, auto parts, premium and ordinary grade petrol, and plastic products were all imported in September.

 

China was Laos' main export destination, followed by Vietnam and Thailand.

 

Laos, on the other hand, imports primarily from Thailand, China, and Vietnam.

 

The earnings from the export of power were not included in the trade data.