- Business

Laos posts a trade surplus of around US$100 m in 1st Q

Laos logged a trade surplus of around US$100 million in the first quarter of 2022, according to the Ministry of Industry and Commerce.

Laos’ total value of imports and exports in the first quarter of the year reached US$1.1 billion including US$600 million for exports and US$500 million for imports.

Main exports included mixed gold, gold bars, paper and paper products, bronze ores, wood pulps and waste paper, rubber, cassava, bananas, clothing, fertilizers and sugar.

Meanwhile imports were dominated by automobiles, diesel, mechanical equipment, auto parts, steel and steel products, plastics, plastic utensils, petroleum products, premium gasoline, wood pulps and food industry wastes, and chemical products.

Source: Lao News Agency