Laos' list of the top 10 export products in April, with a total import and export volume of 950 million US dollars, a deficit of 102 million US dollars

According to Lao media reports, the total value of Laos' imports and exports reached about US$950 million in April 2022. Among them, exports are about 424 million US dollars, imports are about 526 million US dollars, and the trade deficit is about 102 million US dollars.

【The top ten products for major exports include】

Alloy $45 million Fertilizer $39 million Wood pulp and waste paper $28 million Rubber $24 million Paper and paper products $23 million

Bananas $22 million Cassava $22 million Copper mine $22.2 million Iron ore 21 million US dollars Clothing $17 million

The main imported products include: vehicles, diesel, machinery and equipment, wood pulp and waste paper, auto parts (including rubber, glass, chains), beverages, plastic products, gasoline, paper and paper products, wood and wood products.

The top five major exporters of Laos are: China (US$137 million), Vietnam (US$106 million), Thailand (US$65 million), Australia (US$32 million) and Switzerland (US$14 million).

The top five importers are: Thailand ($238 million), China ($157 million), Vietnam ($47 million), the United States ($18 million), and Japan ($12 million).

[That's a lot!] Laos exports CASS 56 million US dollars and bananas 31 million US dollars in March.

On April 23, according to the news released by the Lao Ministry of Industry and Trade, in March 2022, the list and value of the top ten export commodities of Laos are as follows:

1. Alloy, $92 million
2. Cassava, $56 million
3. Paper, paper products, $51 million
4. Bananas, $31 million
5. Copper mine $26 million
6. Wood chips, waste paper, $27 million
7. Rubber, $25 million
8. Fertilizer, $25 million
9. Sugar, $25 million
10. Clothing, $23 million

The Lao Trade Information Center reported that the total value of Lao imports and exports will reach about $13 billion in 2021. Among them, exports are about 7 billion US dollars, imports are about 6 billion US dollars, and the trade surplus is about 1 billion US dollars.

【Main Export Commodities of Laos in 2021】

Consolidated/gold is worth approximately $962 million Paper and paper products are worth approximately $530 million The copper mine is worth about $330 million Wood pulp and waste paper are worth about $300 million Rubber is worth about $270 million Potatoes are worth about $265 million Iron ore is worth approximately $243 million

Bananas are worth about $235 million Clothing is worth about $190 million Appliances and equipment are worth approximately $150 million Fertilizer 150 million US dollars, Frames, camera parts $ 122 million The cost of the shoe is about $101 million.

【Main imports of Laos in 2021】

Approximately US$463 million worth of land vehicles (excluding motorcycles, tractors) Petroleum diesel is worth approximately $448 million Machinery and equipment (excluding mechanical vehicles) is valued at approximately $372 million Gemstones or semi-finished products are worth approximately $271 million Spare parts (including plastic, glass, chains...) it's worth about $220 million Steel and steel products are worth about $217 million,

Pharmaceutical products (pharmaceuticals) are worth approximately $209 million Appliances made of plastic are worth about $187 million Appliances and power equipment are worth approximately $175 million Wires/cables are worth $146 million Oil and special gasoline are worth about $132 million Food waste and waste are worth about $123 million Photographic equipment is worth about $109 million Wood and wood products are worth about $100 million.

The main exporters of Laos are: China 2.221 billion US dollars, Thailand 2.187 billion US dollars, Vietnam 1.22 billion US dollars, Australia 348 million US dollars, Switzerland 116 million US dollars.

The main importers of Laos are: Thailand $3 billion, China $1.255 billion, Vietnam $499 million, the United States $250 million, and Japan $148 million.

The total value of Laos imports and exports in 2021 does not include the total value of electricity exports.