date:Feb 12, 2020
Even though the value of exports exceeded the yearly plan, Laos recorded a trade deficit of $137 million last year. This was made public in a statement by the Ministry of Industry and Commerce.
Exports were targeted to hit $5.516 billion but achieved $5.603 billion, while imports were planned to reach $5.775 billion, with only $5.740 billion recorded.
The countrys leading exports include electricity, copper ore, copper and accessories made of copper, wood pulp, camera parts, beverages, rubber,