The 1st quarterly statistic imports and exports of Lao PDR 2020 achieved USD 2,464 million, including US$ 1,145 million of export and US$ 1,320 million of import, therefore, the trade deficit was US$ 175 million.
The main export category
The total of exports in 1st quarter was approximately US$ 1,145 million. The main exports products which have approximate value as: US$ 123 million of copper ore, US$ 90 million of copper and copper products, US$ 48 million of banana, US$ 80 million of wood pulp and paper, US$ 43 million of spare parts and camera parts, US$ 52 million of beverages (water, juice, energy…), US$ 139 million of cassava, US$ 56 million of clothing, US$ 47 million of sugar and US$ 70 million of cows, buffalos. .
The main import category
The total of imports in 1st quarter was approximately US$ 1,320 million. The main import products which have approximate value for: US$ 97 million of land vehicles (excluding motorcycles, tractors), US$ 71 million of electric equipment and products, US$ 127 million of diesel, US$ 87 million of mechanical equipment (excluding motor vehicles), US$ 72 million of steel, steel products and magnetic steel, US$ 54 million of beverages (water, condensed water, energize.), US$ 38 million of gasoline and special gasoline, US$ 42 million of electricity, US$ 45 million of plastic products and US$ 68 million of livestock.
The five main exporting countries of Lao PDR
The main export countries of Lao PDR included Thailand US$ 338 million, China US$ 343 million Vietnam US$ 263 million, Japan US$ 25 million and Switzerland US$ 23 million.
The five main importing countries of the Lao PDR
The main importing countries of Laos included: Thailand US$ 774 million, China US$ 246 million, Vietnam US$138 million, Japan US$ 31 million and Korea 26 million.
The 1st quarter statistic does not include the value of export electric power, we will update when it is available.
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